First, we convert the interest such that it is compounded annually. The formula would be:
ieff = (1 + i/m)^m - 1
where m = 4, since there are 4 quarters in a year
ieff = (1 + 0.025/4)^4 - 1
ieff = 0.0252
Then we use this for this equation:
F = P(1 + i)^n, where F is the future worth, P is the present worth and n is the number of years
F = $600(1 + 0.0252)^15
F = $871.53
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Answer:
BC = 5
Step-by-step explanation:
Of course, this geometry program can tell you the length of BC.
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If you follow directions, you get a right triangle BCF that has leg lengths 3 and 4. The Pythagorean theorem then tells you the length of hypotenuse BC is ...
BF = 4 -1 = 3
FC = 4 -0 = 4
BC² = BF² +FC²
BC² = 3² +4² = 9 +16 = 25
BC = √25
BC = 5
The solution to a system of equations is the point that the 2 lines of the graph cross each other.
x = 1 and Y =4
Solution is (1,4)
Answer is C.
Answer:what grade math is this
Step-by-step explanation: