<span>-3y+8z your welcome:)</span>
Answer: its 64
Step-by-step explanation:
Answer: No, the money won't be enough to buy the car
Step-by-step explanation:
you plan on buying yourself a new $20,000 car on graduation day and graduation day is 24 months time. If you invest $300 a month for the next 24 months.
The principal amount, p = 300
He is earning 4% a month, it means that it was compounded once in four months. This also means that it was compounded quarterly. So
n = 4
The rate at which the principal was compounded is 4%. So
r = 4/100 = 0.04
It was compounded for a total of 24 months. This is equivalent to 2 years. So
n = 2
The formula for compound interest is
A = P(1+r/n)^nt
A = total amount that would be compounded at the end of n years.
A = 300(1 + (0.04/4)/4)^4×2
A = 300(1 + 0.01)^8
A = 300(1.01)^8
A = $324.857
The total amount at the end of 24 months is below the cost of the car which is $20000. So he won't have enough money to buy the car
Answer:
21
Step-by-step explanation:
I hope this helps!
Answer:
y = (1/2)x - 3 Answer A is closest.
Step-by-step explanation:
Two points on the line are (0, -3) and (4, -1). Notice that I've intentionally chosen "nice" points whose coordinates are integers; this makes the math easier. The point (1, -5/2) is also on the line if you want to use it, but the math's a bit more complicated.
Going from (0, -3) to (4, -1), x increases by 4 and y increases by 2. Hence, the slope of this line is m = rise / run = 2/4, or m = 1/2.
The slope-intercept formula for the equation of a straight line is the most convenient to use here, since we can tell immediately from the graph that the y-intercept is (0, -3):
y = (1/2)x - 3
Answer A should be y = (1/2)x - 3 for improved legibility. 1 2 x is not correct as a way to express (1/2)x.