Answer:
Step-by-step explanation:
Simplifying
N(t) = 300.9
Multiply N * t tN = 300.9 Solving tN = 300.9
Solving for variable 't'.
Move all terms containing t to the left, all other terms to the right.
Divide each side by 'N'. t = 300.9N-1
Simplifying t = 300.9N-1
Answer:
Use the slope formula (y2-y1)÷(x2-x1)
Step-by-step explanation:
(-5-(-3))÷2-3
= (-2.5,-1)
Answer:
The money after 3 years is $5819.8735
Step-by-step explanation:
We are given
monthly payment =$75
so, P=75
annuity that earns 48% APR
so, r=48%
Since, it is compounded monthly
so,
%
i=0.04

now, we can use annuity formula
![FV=P[\frac{(1+i)^n-1}{i} ]](https://tex.z-dn.net/?f=FV%3DP%5B%5Cfrac%7B%281%2Bi%29%5En-1%7D%7Bi%7D%20%5D)
where
FV is future value
now, we can plug values
![FV=75[\frac{(1+0.04)^{36}-1}{0.04} ]](https://tex.z-dn.net/?f=FV%3D75%5B%5Cfrac%7B%281%2B0.04%29%5E%7B36%7D-1%7D%7B0.04%7D%20%5D)
we get

The money after 3 years is $5819.8735