Answer:
Step-by-step explanation:
32/3
=10.666666667
Answer:
Results are below.
Step-by-step explanation:
Giving the following information:
Monthly deposit= $100
Interest rate= 0.06/12= 0.005
Number of periods= 12*5= 60 months
<u>a)</u>
<u>To calculate the future value, we need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= monthly deposit
FV= {100*[(1.005^60) - 1]} / 0.005
FV= $6,977
b) <u>If the deposit is at the beginning of the month, the interest is compounded one more period</u>. We need to use the following formula:
FV= {A*[(1+i)^n-1]}/i + {[A*(1+i)^n]-A}
FV= 6,977 + {[100*(1.005^60)] - 100}
FV= 6,977 + 35
FV= $7,012
In the first step multiply the negative after two and the negative with 9 (negative times negative equals to positive )the according to BEDMAS from left to right do addition and subtraction
Hope it helps
Please give brainliest
Answer:
10s²-15s+20 is yr answer..
Step-by-step explanation:
<h3>stay safe healthy and happy.</h3>
Answer:
y=2x+3
Step-by-step explanation:
The coefficient has to be 2, since the graph has a slope of 2, and the constant has to be 3 because the y- intercept is 3.
y=2x+3
