<h3>Answer: $183,047.86</h3>
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Work Shown:
You deposit $1000 each quarter into the account. There are 4 quarters per year, so you really deposit $4000 per year. At the end of the year, the interest is compounded and added into the account to help it grow (beyond what you put in).
Because of the periodic deposits done every year for 20 years, this means that we'll use an annuity formula. Specifically a future value annuity formula.
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The formula we'll use is
FV = P*( (1+i)^n - 1 )/i
where
FV = future value of account = unknown
P = periodic payment amount = 4000
i = interest rate per period = 8% = 0.08
n = number of periods = number of years = 20
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Plug all those values into the formula and compute. Round to the nearest penny.
FV = P*( (1+i)^n - 1 )/i
FV = 4000*( (1+0.08)^20 - 1 )/0.08
FV = 183,047.857192466
FV = 183,047.86
Answer:
y=3x+1
Step-by-step explanation:
First, you need to find the slope. With the two points you can find the slope by subtracting one point from the other. This gives you a slope of 3. You could plot this on a graph to get the +1, or you can just look at these two points. (0,1) just gives it to you because this point is on the line.
The problem would be, 10+6x=4-4x. Then solve the problem by adding or subtracting the lowest variable to the other side and figure out the rest, if you can.
Answer: right 3
Step-by-step explanation: The equation is in child(y = (x-3)2) to parent(y=x2). So, if we move right 3, the equation can will be y = (x-3)2
Answer:
Step-by-step explanation:
( Sum of angle in straight line )
Move 118 to right hand side and change it's sig
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Calculate
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Hope I helped!
Best regards!!