The effective annual interest rate is:
i = (1 + 0.064/12)^12 - 1 = 0.066
In year 1: the interest is $613.80 (multiple $9300 by 0.066)
In year 2: the interest is $654.31 (add interest from year 1 to $9300 and multiply by 0.066)
In year 3: the interest is $656.98 (do the same as year 2)
In year 4: the interest is $657.16
The total interest is: $2582.25
The present worth of this amount is:
P = 2582.23 / (1 + 0.066)^4 = $1999.72
The answer is $1999.72.
2 x 2 7/8 = 5 3/4 hope it helps
99 km ... 9 liters
x km ... 12 liters
If the relationship is proportional, we have
from where
The answer is 132 kilometers.
Answer:
C
Step-by-step explanation:
Answer:
The second table of values.
Step-by-step explanation:
Let's put the x-values in the second table of values in correct number order:
x: -3, -2, -1, 0, 1
Now, let's write out the y-values in correct number order:
y: 1/4, 1, 4, 16, 64
Finally, let's rewrite the second table of values with the x-values in order and the corresponding y-values underneathe:
x: -3, -2, -1 0 1
y: 64, 16, 4, 1, 1/4
As it can be seen, as the x-values get bigger in value, the y-values get smaller exponentially, which is the definition of exponential decay.
