Answer:
Substitute the value of the variable into the equation and simplify.
48
Step-by-step explanation:
Answer:
The value can
Step-by-step explanation:
be anything because x and y equal a random number so you could say 7
ok your on Plato so this should be easy.
cilck on the 1 on the y-azis and between 1 and 0 on the x-axis
Tracy should deposit 1,369.86 to earn 3,000 in 5 years at 4% interest rate compounded 4 times a year
Given:
Compounded Interest = 3000
Term = 5 year
Frequency = 4 times a year
interest rate = 4%
Principal = unknown.
C.I = Principal × (1 + rate)^t
3000 = Principal × (1.04⁴)⁵
3000 = Principal × 1.17⁵
3000 = Principal x 2.19
3000/2.19 = Principal
1,369.86 = Principal
Answer:
150%
Step-by-step explanation:
4 * 1.5 = 6.