Answer:
2/x + 3/y = 5
Step-by-step explanation:
A linear equation refers to any equation that can be written in the form;
ax+b=0 or y - mx -c = 0
The graph of a linear equation will always be a straight line; Vertical, horizontal or with a given degree of steepness (slope).
All the equations given are linear, except the last equation;
2/x + 3/y = 5. The exponents of the variables x and y is not 1 hence the equation is non-linear. Find the graph attached;
Answer:
a) $3,571.02
b) $3,572.9
c) $3,573.74
Step-by-step explanation:
Data provided in the question:
p = $3000,
r = 3.5%,
t = 5 years
a) quarterly
number of periods in a year, n = 4
Interest rate per period = 3.5% ÷ 4 = 0.875%
Now,
A = total amount
n = number of times compounded per year
on substituting the respective values, we get
A = 3000 ×
A = 3000 × [/tex]\cdot { 1.00875 } ^ { 20 }[/tex]
A = 3000 × 1.19034
A = $3,571.02
b) monthly
number of periods in a year, n = 12
Now,
A =
on substituting the respective values, we get
A = 3000 ×
A = 3000 × [/tex]\cdot { 1.002917} ^ { 60 }[/tex]
A = 3000 × 1.190967
A = $3,572.9
c) continuously
A =
on substituting the respective values, we get
A = 3,000 ×
or
A = 3,000 ×
or
A = 3,000 × 1.1912
or
A = $3,573.74