Answer:
$1348.07
Step-by-step explanation:
Hello!
<h3>Compound Interest Formula:

</h3>
- A = Account Balance
- P = Principle/Initial Amount
- r = Rate of Interest (decimal)
- n = Number of times compounded (per year)
- t = Number of Years
<h3>Given Information</h3>
- Account Balance = ?
- Principle Amount = $1000
- Rate of Interest = 0.02
Why is the Rate 0.02?
This is because we are gaining money, so the multiplier should be greater than 1. We already added 1, which is 100% so you simply add the 0.02 for the extra 2%.
- Number of times compounded per year = 6
This is because it is being compounded bi-monthly, or once every 2 months. 12 months divided by 2 months is 6 months, so 6 times a year.
<h2>Solve </h2>
Solve by plugging in the given values into the formula.
This is really close to the first option, and since there is rounding involved with the repeating decimal, the first option should be correct.
The answer is $1348.07.
Using the given equation y-3 = 3/4(x+2)
Give Y a value and then solve for x:
If y = 0 the equation is now:
0 -3 = 3/4(x+2)
Solve for x:
-3 = 3/4x + 1.5
-4.5 = 3/4x
x = -4.5 / 3/4
x = -6
So the first point would be (-6,0)
Now make x 0 and solve for y:
y -3 = 3/4(0+2)
y-3 = 0 + 1.5
y = 4.5
So the 2nd point would be (0,4.5)
You are close, but the dot you have on y=4, needs to be moved up to 4.5.
Answer:
123.1 pounds is vary long, and I don't want to repeat, so 55.8372207 repeat.
Step-by-step explanation:
If you have any questions regarding my answer, tell me them in the comments, and I will come answer them for you. Have a good day.
Answer:
2√3
Step by step Explanation:
