Answer:
Step-by-step explanation:
<em>The standard form of a polynomial is when its term of highest degree is at first place.</em>
In this case, we have two variables. The grade of each term is formed by the sum of its exponents. That means both given terms have a degree of six. So, the right answers must have a higher degree.
Therefore, the right answers are the second and third choice, because their degrees are 9 and 10 respectively.
Answer:
$1,061.76
Step-by-step explanation:
(refer to attached handout)
For compound interest, you are given:
A = ? (need to find)
P = $1000
r = 3% = 0.03
n = compounded monthly = 12 times per year
t = 2 years
(substituting this into the formula)
A = P [ 1 + (r/n) ] ^(nt)
A = 1000 [ 1 + (0.03/12) ] ^[(12)(2)]
A = 1000 [ 1 + 0.0025 ] ^24
A = 1000 [ 1.0025 ] ^24
A = 1,061.76
