Answer:
Present value = $4,122.4
Accumulated amount = $4,742
Step-by-step explanation:
Data provided in the question:
Amount at the Start of money flow = $1,000
Increase in amount is exponentially at the rate of 5% per year
Time = 4 years
Interest rate = 3.5% compounded continuously
Now,
Accumulated Value of the money flow = 
The present value of the money flow = 
= 
= ![1000\left [\frac{e^{0.015t}}{0.015} \right ]_0^4](https://tex.z-dn.net/?f=1000%5Cleft%20%5B%5Cfrac%7Be%5E%7B0.015t%7D%7D%7B0.015%7D%20%5Cright%20%5D_0%5E4)
= ![1000\times\left [\frac{e^{0.015(4)}}{0.015} -\frac{e^{0.015(0)}}{0.015} \right]](https://tex.z-dn.net/?f=1000%5Ctimes%5Cleft%20%5B%5Cfrac%7Be%5E%7B0.015%284%29%7D%7D%7B0.015%7D%20-%5Cfrac%7Be%5E%7B0.015%280%29%7D%7D%7B0.015%7D%20%5Cright%5D)
= 1000 × [70.7891 - 66.6667]
= $4,122.4
Accumulated interest = 
= 
= $4,742
7 + 3.(2 - 3x) = 67
3 brackets are distributed
7+6-9x = 67
13-9x = 67
-9x = 67
x = 67/-9
If the equation is let's say 3x+ 7 +4x to combine like terms, you would take 3x and 4x since they both have x. You wouldn't take the 7 since it doesn't have and x like the other numbers. 3x +4x = 7x so your new equation would be 7x + 7.
Answer:
-31
Step-by-step explanation:
(2×x) - (2×5) = (3×x) + (3×7)
2x-10 = 3x+21
2x-3x = 21+10
-x = 31
therefore, x = -31
Answer:
y = 3x - 1
Step-by-step explanation:
Slope-intercept form: y = mx + b
m = slope
b = y-intercept
