FP!!!!!!!!!!!!! :) (5 x 3) + 5 =
2 answers:
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Answer:
His parents should invest $15,278.16 to reach this goal ⇒ 4th answer
Step-by-step explanation:
* Lets explain how to solve the problem
- Derrick will need $39,500 in 10 years for college tuition
∴ The future amount is $39,500
∴ The time for investment is 10 years
- P is the money his parents invest now at 9.5% annual interest,
compounded daily
∴ The rate is 9.5% per year compounded daily
- The formula of the compounded interest is:
, where
# A is the future value of money
# P is the value of investment
# r is the rate of interest in decimal
# t is the time of investment
# n is the period of the time
∵ A = $39,500
∵ t = 10
∵ r = 9.5/100 = 0.095
∵ n = 365 ⇒ compounded daily
- Lets use the formula above to find P
∴
∴
- Divide both sides by 2.58539
∴ P = $15278.16
∴ His parents should invest $15,278.16 to reach this goal
Answer:
y = x - 4
Step-by-step explanation:
The equation of a line in slope- intercept form is
y = mx + c ( m is the slope and c the y- intercept )
Rearrange 3x - 2y = - 6 into this form
Subtract 3x from both sides
- 2y = - 3x - 6 ( divide all terms by - 2 )
y = x + 3 ← in slope- intercept form
with slope m =
• Parallel lines have equal slopes, hence
y = x + c ← partial equation of parallel line
To find c substitute (4, 2) into the partial equation
2 = 6 + c ⇒ c = 2 - 6 = - 4
y = x - 4 ← equation of parallel line