Find the radius if the endpoints of the diameter are (-6,5) and (2, 3).
1 answer:
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Answer:
The exponential function is .
You will have $1,100.55 in the account after 2 years.
Step-by-step explanation:
Compound interest:
The compound interest formula is given by:
Where A(t) is the amount of money after t years, P is the principal(the initial sum of money), r is the interest rate(as a decimal value), n is the number of times that interest is compounded per year and t is the time in years for which the money is invested or borrowed.
Deposit $1000 in a savings account that pays 4.8% interest compounded monthly.
This means that . So
This is the exponential function
How much will you have in your account after 2 years?
This is A(2). So
You will have $1,100.55 in the account after 2 years.
Answer:
a) Incorrect
b) $201
Step-by-step explanation:
a)
$5826 need to be distributed equally among 29 employees . Hence we need to divide 5826 by 29 to know the amount each one will get. Since 58=29*2 and 26≈2, The manager can estimate that each one of the employee will get $201 as bonus. So his reason to estimate was correct but the estimated amount was incorrect.
b)
Each employee will get
= 200.89
Hence Each one will get
$201 rounded to nearest whole number