Answer: $4,331
Step-by-step explanation:
I will assume that the question meant 5.2% not 52% as this is quite excessive.
Katherine after 13 years.
Convert the variables;
n = 13 years = 13 * 365 = 4,745 days
r = 5.2% = 5.2/365 = 5.2/365%
Future value = P * ( 1 + r)^n
= 86,000 * (1 + 5.2/365%)⁴⁷⁴⁵
= $169,068
Michael after 13 years;
If compounded continuously, the formula is;
Future value = Pe^rt
= 86,000 * e⁰.⁰⁵ ˣ ¹³
= $164,737
Difference = 169,068 - 164,737
= $4,331
Ans57 , 58 , 59
Step-by-step explanation:
Answer:
Tn = 4(-6)^n-1
Step-by-step explanation:
Write an explicit formula for an, the nth term of the sequence 4, -24, 144, ....
The sequence is a geometric sequence
Tn = ar^n-1
a is the first term
a = 4
r = -24/4 =144/-24
r = -6
Substitute
Tn = 4(-6)^n-1
Answer:
75
Step-by-step explanation:
f(1) = 7
f(n) = 3f(n-1) + 3
So what you are trying to do here is find the recursive value (that's what it is called) for f(n). Computers love this sort of thing, but we humans have to do it slowly and carefully.
So let's try f(2)
That means that f(2) = 3*f(n-1) + 3
but if f(2) is used it means that you have to know f(2-1) which is just f(1) and we know that.
so f(2) = 3*f(1)+3
f(2) = 3*7 + 3
f(2) = 21 + 3
f(2) = 24
Now do it again. We now know F(2), so we should be able to find f(3)
f(3) = 3*f(3 - 1) + 3
f(3) = 3*f(2) + 3 We know that f(2) = 24
f(3) = 3* 24 + 3
f(3) = 72 + 3
f(3) = 75
Answer: 92 dollars because 15% divided into 80 is 12 and add 80 to 12 and its 92
