Answer:
Interest earned= $200
Step-by-step explanation:
Giving the following information:
Initial investment= $20,000
Interest rate= 3%
Inflation rate= 2%
First, we need to calculate the real interest rate. <u>The inflation rate decreases the value of money through time. We need to deduct from the interest rate, the inflation rate.</u>
Real interest rate= 0.03 - 0.02= 0.01
<u>Now, we can calculate the interest earned in year 1:</u>
Interest earned= PV*(1+i)^n - PV
Interest earned= 20,000*(1.01^1) - 20,000
Interest earned= $200
X= -10/17 .................................................
Answer:
p=13.5
Step-by-step explanation:
know: complementary angles add to 90
(2p+9) +4p =90
6p +9 =90
6p= 81
p= 81/6 = 13.5
I would believe no ... if 14 was a 15 yes
Answer:
C. y = 2√(x+5) -8
Step-by-step explanation:
Try the offered solutions:
... Selection A is undefined for x < 0.
... Selection B is defined for all x.
... Selection C matches the table values.
... Selection D is undefined for x < 5
