Answer:
r = 23
Step-by-step explanation:
Using the formula
Solving for r
Answer:
$5,674.30
Step-by-step explanation:
Use the Compound Amount formula:
A = P(1 + r/n)^(n*t), where r = APR as a decimal fraction = 0.1499
and n = 12 (compounded monthly).
Then A = $2,000(1 + 0.1499/12) )^(7*12)
= $2,000(1 + 0.0125)^84
= $2,000(1.0125)^84 = $2,000(2.837) = $5,674.30
Answer:
Step-by-step explanation:
Answer:
A
Step-by-step explanation:
The function is increasing in the interval in A because as the x-values increase so do the y-values on the graph, which can be shown by the graph sloping upwards at that specific section.
Answer:
270
Step-by-step explanation:
Note that 1/10 is equal to 0.1
Multiply 2700 with 0.1
2700 x 0.1 = 270
270 is your answer.
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