The origin is at 0 on the x-axis and 0 on the y-axis. The intersecting x- and y-axes divide the coordinate plane into four sections. These four sections are called quadrants. Quadrants are named using the Roman numerals I, II, III, and IV beginning with the top right quadrant and moving counter clockwise.
Answer: y+-1m -1
Step-by-step explanation:
Answer:
<em>1500(1.02)^x + 600x</em> is how much he has in savings at the end of x years where it be in the bank or elsewhere
Step-by-step explanation:
x is in years
Let's just think about the investment of 1500 in an account earning 2% per year.
Before the years even start, you are at 1500 ( present value).
The next year (year 1), it would be 1500*.02+1500=(1500)(1.02).
The next year (year 2), it would be 1500(1.02)(.02)+1500(1.02)=1500(1.02)(1.02).
We keep multiplying factors of (1.02) each time.
So for year x, you would have saved 1500(1.02)^x.
Now we are saving 50 cash per month. Per year this would be 12(50) since there are 12 months in a year. 12(50)=600.
So the first year you would have 600.
The second year you would have 600(2) or 1200.
The third year you would have 600(3) or 1800.
Let's put this together:
1500(1.02)^x + 600x
You would add 3/4 to that
