Answer:
1,050
Step-by-step explanation:
500
+
550
=
1,050 You add the numbers getting your total
Answer:
3
Step-by-step explanation:
Solving for the amount of maturity given that it is compounded monthly for 1 year with an interest of 3%, we have the formula and solution below:
A = P (1+r/n)^rn
A = $5,000 (1.040417)
A =$5202.085
For compounded daily, we have the solution below:
A = $5,000 (1.040443)
A = $5202.215
The difference in amount is shown below:
Difference = $5202.215 - $5202.085
Difference = $0.13
9514 1404 393
Answer:
(x, y) = (3, 2)
Step-by-step explanation:
The attached graph shows the solution.
(x, y) = (3, 2)
Answer:
YEET
Step-by-step explanation: