The compound interest formula is:
F = P * (1+i) ^ (n*t)
where:
F = future value
P = present value
i = r/n ; r = interest rate, n = number of times interest is compounded per year
t = number of years
Substituting:
F = 800 * ( 1 + .032/1 ) ^ (1*15) ; n=1 since compounded annually
F = 800 * ( 1 + 0.032) ^ (15)
F = 800 * ( 1.032) ^ 15
F = 800 * ( 1.60396711263693 )
F = 1283.17369010954
So there will be $1283.174 in the account.
X+4multiply by y=7
Moved these terms to left-7
It becomes X+4 multiple y-7=0
X+4 multiple y-7=0
M equals 56 and b equals 30
Answer:
1. Dividing both sides by 4
2. Adding 3 to each side
Step-by-step explanation:
The first step you want to take is to divide both sides by 4 so that you can solve for inside the parenthesis. Next, you should add three to both sides in order to isolate the variable.
When you have expressions with a power to another power, you multiply the powers together.