First, we determine the effective interest rate of the given compound interest.
ieff = (1 + r/n)^n - 1
where r is the given original rate and n is the number of compounding. In a year, there are approximately 52 weeks.
ieff = (1 + 0.07/52)^52 - 1
ieff = 0.07246 = 7.246%
Then, we calculate for the future worth of money after five years using the effective interest annually.
F = P (1 + r)^n
Substituting,
F = ($9250)*(1 + 0.07246)^5
= $13,123.29
Thus, the value of the investment after 5 years is approximately equal to $13,123.29.
Answer:
"2,532 miles per hour"
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your welcome
you didn't give the options but constant of proportionality is a number you have to multiply x by to get y.
y=kx is the equation that expresses the proportionality of x and y
the constant of proportionality is k, so k=2
y= kx becomes y=2x
so y = 2x should be the answer
Answer:
-51
Step-by-step explanation:
5x + 3y -7z = 5 x 4 + 3 x -5 - 7 x 8
= 20 - 15 - 56
= -51
The answer is c. If you plug in 1 where there are x's. The numerator is 0 making the whole equation equal to 0.