Assuming Jerry calculates that if he makes a deposit of $6 each month at an APR of 4.8%, then at the end of two years the correct balance will be: $158.5
First step is to determine Jerry total deposit
over the two years
Total deposit = 24×$5
Total deposit= $144
Now let determine what the correct balance will be at end of two years
Using this formula
Maximum Amount=Principal (1+r)^t
<em>Where</em>:
Principal=$144
r=4.8%/12 = 0.4% or 0.004
t=24 months
Let plug in the formula
Maximum Balance = $144 (1.004)^24
Maximum Balance = $158.5
Based on the above calculation both Jerry $100 and Benny $163 balance are eliminated or rule out because the correct balance after two years is $158.5
Inconclusion Assuming Jerry calculates that if he makes a deposit of $6 each month at an APR of 4.8%, then at the end of two years the correct balance will be: $158.5
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Answer:
x intercepts -sqrt(5), + sqrt(5)
y intercept -5
Step-by-step explanation:
y = x^2 -5
to find the x intercept set y=0 and solve for x
0 = x^2-5
add 5 to each side
5 = x^2
take the square root of each side
+- sqrt(5) = sqrt(x^2)
x = +-sqrt(5) there are 2 x intercepts since it is a quadratic
to find the y intercept set x=0 and solve for y
y = 0-5
y = -5
Answer:
6.
Step-by-step explanation:
This is [p(2+h)) - p(2) ] / ((2 + h - 2)
= [ 6(2) + h) + 7 - (6(2) + 7)] / h
= ( 12 + 6h + 7 - 12 - 7) / h
= 6h / h
= 6.
Answer:
0.68 : 0.32
Step-by-step explanation:
the probability of all the outcomes of an event is always 1 .
if P(E) = 0.32,
P(E') = 1 - 0.32
= 0.68
N.B that P(E') is the same as P( not E ).
since your answer should be given in the ratio form, as the odds against E ( probability not E : probability E),
P(E') : P(E)
0.68 : 0.32
hope this helps you!
-s.
