2.3= 2.03 so there for it is equal
Answer:
5 years and 5 months
Step-by-step explanation:
<u />
<u>Compound Interest Formula</u>
where:
- A = final amount
- P = principal amount
- r = interest rate (in decimal form)
- n = number of times interest applied per time period
- t = number of time periods elapsed
Given:
- A = $17,474.00
- P = $7,790.00
- r = 15% = 0.15
- n = 12
- t = number of years
Substitute the given values into the formula and solve for t:
Therefore, the money was in the account for 5 years and 5 months (to the nearest month).
The general statement that is true about retirement is <em>B. your </em><em>income </em><em>will decrease, while your </em><em>expenses </em><em>will increase.</em>
Retirement is the leaving of one's of occupation. This means you cease to be involved in active service in a job or occupation especially when one is considered old and of retirement age.
During retirement, retirement benefits and pension are usually made available to retirees. However, one's income will come to a decline which makes most people scared of retirement. Keeping up with the standard of living they are used to becomes difficult as income to sustain such may not be available.
Therefore, the general statement that is true about retirement is <em>B. your </em><em>income </em><em>will decrease, while your </em><em>expenses </em><em>will increase.</em>
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Learn more about retirement on:
brainly.com/question/3063811
The answer is A. -7/40.
1. Make sure the (the denominators) are the same
2. Subtract the (the numerators). Put the answer over the same denominator.
<span> 3. Simplify the fraction (if needed)
</span>
Answer:
y = -x + 9
Step-by-step explanation:
The line that passes through the points (-2,4) and (0,6) has a slope of 1, and a y intercept of 6. The equation to the first line is y = x + 6. and perpendicular lines always have the opposite, reciprocal slope of the other line. So the slope for the second line would be -1. A line with the slope of -1 and a point of (5,4) would contain the points (5,4) , (4,5) , (3,6) , (2,7) , (1,8) , and (0,9) , which is the y intercept for the second line. So the equation for the second line would be y = -x + 9
