Answer:
Division can be represented with ÷ as well.
Answer:
$17,685.45
Step-by-step explanation:
We will use the compound interest formula 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>
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The first step is to change 12% into a decimal:
12% -> 
-> 0.12
Next, lets plug in the values:
After 7 years, you will have $17,685.45
Answer:
Step-by-step explanation:
How to write the rule of a function given the table of values. To write the rule of a function from the table is somehow tricky but can be made easier by having prior knowledge of the type of function. If the function is a linear function, plugging any two sets of values from the table into the equation y = ax + b, where a and b are constants to be found and x, y are values taken from the table. Solving the two equations obtained simultaneously gives the values of a and b and hence the required rule.
Similarly, if the function is a quadratic equation, plugging any three sets of values from the table into the equation y = ax^2 + bx + c, where a, b, c are constants to be found and x, y are values taken from the table. Solving the three equations obtained simultaneously gives the values of a, b and c and hence the required rule. For tables with no prior knowledge of the type of function, a series of trial and error will lead us to the solution of the problem.
