Here is the answer. Since the given amount $250 is compounded monthly over a 5 year period with an interest of 2.3%, here is the answer. First, we get 2.3% of $250 and the answer is $5.75. In a year, there is 12 months. 12 months times 5 years is 60 months. Now we multiply 60 by 5.75 and the answer is $345. Therefore, the present value of $250 is $595. Hope this helps.
The first one is your answer
Step-by-step explanation:
7question.
it's the first answer y=x-10/3
8th question
it's also first answer y=x-9/2
Answer:
yes, sounds linear.
this is an mx + b scenario.
here's the model:
y = )3/1)x + 50
or
y = 3x + 50
where the 1 in the slope denominator is a square foot.
Can you put the graph up to make it simpler?
