Answer:
The amount is $16718.7 and the interest is $4718.7.
Step-by-step explanation:
STEP 1: To find amount we use formula:
A=P(1+rn)n⋅t
A = total amount
P = principal or amount of money deposited,
r = annual interest rate
n = number of times compounded per year
t = time in years
In this example we have
P=$12000 , r=3.33% , n=4 and t=10 years
After plugging the given information we have
AAAA=12000(1+0.03334)4⋅10=12000⋅1.00832540=12000⋅1.393225=16718.7
STEP 2: To find interest we use formula A=P+I, since A=16718.7 and P = 12000 we have:
A16718.7II=P+I=12000+I=16718.7−12000=4718.7
Answer:
y = -21
Step-by-step explanation:
Answer:
1,417,000
Step-by-step explanation:
Given that:
Score = 1,475,623
96% of nationwide
96% of score gives the best estimate of the number of scores below 720
0.96 * 1475623
= 1416598.08
The best estimate is 1,417,000
Answer:
f(8) = 65
Step-by-step explanation:
Find a pattern in the sequence. It might be an <u>arithmetic sequence</u> (always adds or subtract by a certain number), or a <u>geometric sequence</u> (always multiplies or divides by a certain number).
To find a pattern in this decreasing sequence, we find either the common difference or the common divisor of each pair of consecutive numbers.
• 100 - 95 = 5
• 95 - 90 = 5
• 90 - 85 = 5
• 85 - 80 = 5
• 80 - 75 = 5
Now, we know that this is an <u>arithmetic sequence</u>, and the common difference is <u>5</u>.
To calculate f(8), we find the 8th term in the sequence. We can do that by counting the terms in the sequence and using the common difference, 5, that we found, to continue the sequence.
• f(1) = 100
• f(2) = 95
• f(3) = 90
......
• f(7) = 70
• f(8) = 65
