The answer to the problem is -25
For the first question the equation would be 200 + 50x
The second equation should be
200 + 50(1) = 250
Answer:
see below
Step-by-step explanation:
The cube of something to the 1/3 power is the original something. The cube of a cube root of something is the original something. Since the cube of a cube root is the same as the cube of a 1/3 power, the 1/3 power is equivalent to the cube root.
The applicable rules of exponents are ...
(a^b)^c = a^(bc)
Answer:
Which question do you want us to do?
The effective annual rate is
(1+r/n)^n -1
where r is the nominal rate and n is the number of compoundings per year.
You have r = 0.2373 and n=365, so the APY is
APY = (1 +0.2373/365)^365 -1 ≈ 26.77%