Answer:
$2,589.52
Step-by-step explanation:
We start with the compound interest formula above, where
A = future value
P = principal amount invested
r = annual rate of interest written as a decimal
n = number of times interest is compound per year
t = number of years
For this problem, we have
P = 2000
r = 0.026
n = 2
t = 10,
and we find A.
Answer:
Step-by-step explanation:
Hi student, let me help you out!
<u>.. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ... ... ..... ........ ...... ... ......... .... ....</u>
<u></u>
First, let's recall the point-slope form equation: ↪ .
<u>where: </u> y₁ = y-coordinate of the point (the second coordinate), m=slope, x₁=x-coordinate (the first coordinate).
Let's stick in the values accordingly. We obtain the following: , which is our point-slope form equation.
Hope this helped you out, ask in comments if any queries arise.
Best Wishes!