Answer:
$712.
Step-by-step explanation:
We have been given that a fund earns a nominal rate of interest of 6% compounded every two years. We are asked to find the amount that must be contributed now to have 1000 at the end of six years.
We will use compound interest formula to solve our given problem.
, where,
A = Final amount,
P = Principal amount,
r = Annual interest rate in decimal form,
n = Number of times interest is compounded per year,
t = Time in years.
Since interest is compounded each two years, so number of compounding per year would be 1/2 or 0.5.
Therefore, an amount of $712 must be contributed now to have 1000 at the end of six years.
Hey!
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-x = -1
This statement shows that y equals -1. Since it doesn't show a table or word problem then we already know that the constant of proportionality is -1. Or if you just have the expression just divide the number by 1. -x/1 = -1!
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Thus, -1 is the constant of proportionality!
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Hope This Helped! Good Luck!
the answer is D-n is greater then or equal to nine.
because the red dot starts on nine and goes up its greater than nine and because its on nine its also going to equal it. I had a problem getting the signs messed up when I learned it but I remember the sign always eats the greater number. I hope this answer could help and I'm sorry if the answer is incorrect.
