Answer:
$14,277.80
Step-by-step explanation:
The standard formula for compound interest is given as;
A = P(1+r/n)^(nt) .....1
Where;
A = final amount/value
P = initial amount/value (principal)
r = rate yearly
n = number of times compounded yearly.
t = time of investment in years
For this case;
P = $7,400
t = 8 years
n = 4 (quarterly)
r = 9.5% = 0.095
Using equation 1.
A = $7,400(1+0.095/4)^(4×7)
A = $7,400(1.02375)^(28)
A = $7,400(1.929432606035)
A = $14,277.80
final amount/value after 8 years A =$14,277.80
Answer:
what is the question?
Step-by-step explanation:
Answer:
No solution
Step-by-step explanation:
x - 4y = 1 --> (1)
5x - 20y = 4 --> (2)
y = (¼)x - ¼ --> (1)
y = (¼)x - ⅕ --> (2)
Since these are 2 parallel lines with different y-intercepts, they will never meet
Step-by-step explanation:
let's simply do the multiplications and then compare with the original.
(x-m)² + n
right ?
or is it
let's go for the first.
x² - 2mx + m² + n = x² - 3x
-2mx + m² + n = -3x
fun there we see two things :
-2m = -3
m = 3/2
and
m² + n = 0
(3/2)² = -n
9/4 = -n
n = -9/4
so our transformed expression looks like
(x - 3/2)² - 9/4
The answer would be v = -1
