Step-by-step explanation:
The answer is A. (x - 4)(x - 12).
Answer:
18
Step-by-step explanation:
Given that:
y∞ xz
y=kxz. Where k is constant
When z=196 and x= 2 then y= 7
7=(196)(2)k
7=392k
k=1/56
There fore y=(1/56)xz
When x=3 and z =336
y=(1/56)xz
y=(1/56)(336)(3)
y=18
We have been given that an account is opened with a balance of $3,000 and relative growth rate for a certain type of mutual fund is 15% per year.
In order to tackle this problem we have to find the value of mutual fund after 5 years. For our purpose we will use compound interest formula.
,where A= amount after t years, P= principal amount, r= interest rate (decimal) and t= number of years.
After substituting our given values in above formula we will get
Now we will solve for A
Therefore, after 5 years mutual fund is worth $6034.07.