1) Quaterly interes = 3% / 4 = 0.03 / 4
2) Values:
after 1 quarter: 2000 (1 + 0.03/4)
after 2 quarters: 2000 (1 + 0.03/4)^2
after 3 quarters: 2000 (1 + 0.03/40^4
after 4 quarters = 2000 (1 + 0.03/4)^4
You could have used the future value formula directly:
A = C * (1 + r/n) ^ n*t
where r = 3% = 0.03
n = number of periods in a year: 4
t = number of years = 1
C = initial investment = 20000
=> A = 2000 (1 + 0.03/4)^4
Answer: option D. A = 2000 ( 1 + 0.03 /4) 4
Answer:
x = 0
Step-by-step explanation:
This is a vertical line, in fact the y- axis
The equation of a vertical line is
x = c
where c is the value of the x- coordinates the line passes through
All of the x- coordinates on the y- axis are zero, then
x = 0 ← equation of line
(10x+20)+(32+6x)=180
52+16x=180
16x=128
x=8
A=100 degrees
