Answer:
$1,179
Step-by-step explanation:
Lets use the compound interest formula provided to solve this:
<em>P = initial balance</em>
<em>r = interest rate (decimal)</em>
<em>n = number of times compounded annually</em>
<em>t = time</em>
<em />
First, lets change 2.6% into a decimal:
2.6% -> -> 0.026
Since the interest is compounded quarterly, we will use 4 for n. Lets plug in the values now:
The account balance after 10 years will be $1,179
The answer is the third choice they both equal -16/77. Hope this helps:)
Answer:
Step-by-step explanation:
It would be helpful to know the numbers of rows and columns, so we don't have to guess.
Any number of on-line calculators and/or graphing calculators can multiply these matrices for you. Excel and other spreadsheets can do this, too. Forming the 6 sums of 2 products is tedious to do by hand.
For example, the term in the product matrix at row 1 column 2 is the sum of products of the numbers in row 1 of the first matrix and column 2 of the second matrix:
4·1 + 0·1 = 4
_____
The attachment shows the matrix multiplication on a TI-84 calculator.
90% of people marry there 7th grade love. since u have read this, u will be told good news tonight. if u don't pass this on nine comments your worst week starts now this isn't fake. apparently if u copy and paste this on ten comments in the next ten minutes you will have the best day of your life tomorrow. you will either get kissed or asked out in the next 53 minutes someone will say i love you