First, we convert the interest such that it is compounded annually. The formula would be:
ieff = (1 + i/m)^m - 1
where m = 4, since there are 4 quarters in a year
ieff = (1 + 0.025/4)^4 - 1
ieff = 0.0252
Then we use this for this equation:
F = P(1 + i)^n, where F is the future worth, P is the present worth and n is the number of years
F = $600(1 + 0.0252)^15
F = $871.53
8.77 x 10^1 i believe but would double check
Answer:slope of line is 5/7
Explanation:The slope of the line can be calculated using the following rule:
slope =
The given points are:
(-9,-10) which represent (x1,y1)
(-2,-5) which represent (x2,y2)
Substitute with the points in the above equation to get the slope as follows:
slope =
= 5/7
Hope this helps :)
Answer: Choice A
S9 = (9/2)*(2+26)
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The formula is
Sn = (n/2)*(a1+an)
where
Sn = sum of the first n terms (nth partial sum)
n = number of terms
a1 = first term
an = nth term
In this case,
n = 9
a1 = 2 (plug in n = 1 into the formula an = 3n-1 and simplify)
an = a9 = 26 (plug n = 9 into the formula an = 3n-1 and simplify)
So,
Sn = (n/2)*(a1+an)
S9 = (9/2)*(2+26)
will help us find the sum of the first 9 terms of this arithmetic sequence
Answer:
(-3, ∞)
Step-by-step explanation:
Since this is an upward opening parabola, it will expand as it approaches infinity, so the first and second answers are wrong.
We can tell by the graph that the y value of the vertex is at -3, so that means the answer can't be the fourth one.
Therefore, the answer is (-3, ∞)
