Answer:
$1207.96
Step-by-step explanation:
The accumulated value for simple interest is defined by the following formula:
FV=PV(1+it)
we have (where x is the present value or PV)
1200= x(1+.05*3)
Solve for x
1200=1.15x
x=1043.478261
We now need to use the equation for annually compounding interest
We have
which rounds to
$1207.96
Answer:
Is this a general equation?
The missing numbers…
-60, 0, 40
The graph goes by 20s
Answer:
A
Step-by-step explanation:
To express 4/5 as a decimal, you divide 4 by 5. Here is long division image at the bottom. You can just input it into a calculator (4 divdie 5) or notice that 4/5 = 8/10 = 0.8.
I hope this helps!