Answer:
P = $41,820.01
Step-by-step explanation:
A = P(1 + r/n)^nt
P = A / (1 + r/n)^nt
Where,
P = principal
A = future value = $50,000
n = number of periods = 4
r = interest rate = 6% = 0.06
t = time = 3 years
P = A / (1 + r/n)^nt
= 50,000 / (1 + 0.06/4)^4*3
= 50,000 / (1 + 0.015)^12
= 50,000 / (1.015)^12
= 50,000 / 1.1956
= 41,820.01
P = $41,820.01
Answer:
240
Step-by-step explanation:
Answer:
the desired equation is y = 5x + 6.
Step-by-step explanation:
Any line parallel to y = 5x - 7 has the same slope (5).
Using the slope-intercept formula,
y = mx + b ↔ 11 = 5(1) + b, or b = 6.
Then the desired equation is y = 5x + 6.
Answer:
It is still the same amount, but the amount of the unit changes because ounces is smaller then pounds so it takes less space. The answer is still the same amount, but the number is bigger.
Step-by-step explanation:
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