Given that Kyle has received 900$ in cash as a gift and Kyle wants to invest that money in CD with 4% compound interest which is being compounded annually.
That means interest rate = 4% = 
in decimals.
Since interest is compounded annually, we have to use compound interest formula.
That is amount after time t is 
Where P- initial amount = 900
r= rate of interest in decimals = 0.04
n= number of times interest is compounded per year = 1
t= number of years the money is invested = 5
Hence A = 
= $1094.9876
So, at the end of five year period, Kyle will have 1094.9876$ to put down in his car.
A = P (1 + r)^n where P = initial amount, r = interest rate , n = number of years and A = amount after n years.
So here we have A = 1393(1 + 0.09) ^ 2 ( 0.09 = 9%)
= $1655.02 (answer)
Answer:
Step-by-step explanation:
F(x)=1/3•4^x
f(3) = 1/3•4^3 = 64 / 3 =
Answer:
1 time
Step-by-step explanation:
9*2=18
18-16=3
1/3
Answer:
<u>x=1</u><u> </u><u>y=3/4</u><u> </u><u>there</u><u> </u><u>are</u><u> </u><u>many</u><u> </u><u>values</u><u> </u><u>possible</u><u> </u><u>since</u><u> </u><u>there</u><u> </u><u>is</u><u> </u><u>no</u><u> </u><u>exact</u><u> </u><u>clbalue</u><u> </u><u>given</u>
Step-by-step explanation:
if we letx to be 1 then 2+3y=5-y then we arrange all terms we get y to be 3/4
you can put any value of x since the question has'nt given us
