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Anon25 [30]
2 years ago
13

Please help I'm very confused on this!!

Mathematics
1 answer:
Effectus [21]2 years ago
7 0

Step-by-step explanation:

The formula for compound interest is

P = I (1 + r/n)^nt

where

P: the total amount of money in the account after a certain amount of time

I: the principal amount

r: the interest rate as a decimal

n: the number of times a year interest is compounded

t: the number of years passed

For Patrick:

P = 200 (1 + 0.02/12)^12*8

P = 200 (1 + 0.00166667)^96

P = 200 (1.00166667)^96

P = 200 * 1.00166667^96

P = $234.67

For Brooklyn:

P = 200 (1 + 0.04/4)^4*8

P = 200 (1 + 0.01)^32

P = 200 (1.01)^32

P = 200 * 1.01^32

P = $274.99

After 8 years, Patrick has $234.67 and Brooklyn has $274.99

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Answer:

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Step-by-step explanation:

We are given,

The table representing the closing prices of stock for the last five days is,

Day                         Value

1                                472.08

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3                                444.95

4                                439.49

5                                436.55

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2 years ago
If a/b = c/d, then ad = bc.
Nikolay [14]

Answer:

The statement is true

see the explanation

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we have the proportion

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7 0
3 years ago
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Answer:

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Step-by-step explanation:

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Oksanka [162]

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Plug in (-5,3) and (-3,1) into the equation, and you get:

\frac{-5-(-3)}{3-1} =\\\frac{-2}{2} =\\-1

6 0
3 years ago
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