Answer:
The balance after 1 year is;
$1,014.05
Step-by-step explanation:
To do this, we use the compound interest formula
That will be ;
A =P (1 + r/n)^nt
A is the amount generated which we want to calculate
r is the rate = 1.4% = 0.014
P is the amount deposited = $1,000
n is the number of times it is compounded annually which is 2 (semi-annually means 2 times in a year)
this the number of years which is 1
we have this as:
A = 1,000( 1 + 0.014/2)^(2*1)
A = 1,000(1 + 0.007)^2
A = 1,000(1.007)^2
A = $1,014.05
Answer:
The slope of the line will change from negative to positive
Step-by-step explanation:
the equation is in the form of y=mx+c and m is negative. By multiplying m with another negative number it turns positive, thus slope changes from negative to positive
Answer:
3/1
Step-by-step explanation:
Answer:
I don't see the following ratios.
Step-by-step explanation:
I think you should add the following.
