Firstly, solve the effective annual interest (ieff) with the equation,
ieff = (1 + i/m)^m -1
where i is the interest rate and m is the number of times the interest is compounded in a year. In this problem, m is 12
Substituting the values,
ieff = (1 + 0.034/12)^12 - 1 =0.03453
To solve for the future (F) amount of the present investment (P),
F = P x (1 + ieff)^n
where n is number of years.
F = ($742) x (1 + 0.03453)^15
Thus, the answer is $1234.76.
3. No it is not on the graph.
because: y=2x+5 insert (5,6)
6=2x5 +5 is wrong
4. C
Answer:
11:13
Step-by-step explanation:
The ratio 33:39 divided by 3 would give you 11:13
Answer:
r = m x h
Step-by-step explanation:
Answer:
n = (177-45)/2
hope this helps! If so I would really appreciate brainliest
