Answer:
$1,179
Step-by-step explanation:
Lets use the compound interest formula provided to solve this:
<em>P = initial balance</em>
<em>r = interest rate (decimal)</em>
<em>n = number of times compounded annually</em>
<em>t = time</em>
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First, lets change 2.6% into a decimal:
2.6% -> -> 0.026
Since the interest is compounded quarterly, we will use 4 for n. Lets plug in the values now:
The account balance after 10 years will be $1,179
<em>Question:</em>
<em>The digit 8 in which number represents a value of 8 thousandths? </em>
Answer:
See Explanation
Step-by-step explanation:
The question requires options and the options are missing.
However, the following explanation will guide you
Start by representing 8 thousandths as a digit
i.e.
8 thousandths implies 0.008
Next;
Replace the 0s with dashes
_ . _ _8
Note that there are two dashes after the decimal point and before 8
PS: The dashes are used to represent digits
This implies that thousandths is the 3rd digit after the decimal point
Typical examples to back up this explanation are:
<em>17.008, 1.1489, 0.008 and so on...</em>
Answer:
Step-by-step explanation:
Given
Required
The locus of P
Express as fraction
Cross multiply
Calculate AP and BP using the following distance formula:
So, we have:
Take square of both sides
Evaluate all squares
Collect and evaluate like terms
Open brackets
Collect like terms
Divide through by 3