Answer:
Semi-annually: A = $24 178.51
Quarterly: A = $24 205.73
Monthly: A = $24 224.13
Step-by-step explanation:
The formula for compound interest is
A = P(1 + r)ⁿ
A. Compounded semi-annually
Data:
P = $20 000
APR = 4.8 %
t = 4 yr
Calculations:
n = 4 × 2 = 8
r = 0.048/2 = 0.024
A = 20 000(1+ 0.024)⁸
= 20 000 × 1.024⁸
= 20 000 × 1.208 926
= $24 178.51
B. Compounded Quarterly
n = 4 × 4 = 16
r = 0.048/4 = 0.012
A = 20 000(1+ 0.012)¹⁶
= 20 000 × 1.012¹⁶
= 20 000 × 1.210 286
= $24 205.73
C. Compounded monthly
n = 4 × 12 = 48
r = 0.048/12 = 0.004
A = 20 000(1+ 0.004)⁴⁸
= 20 000 × 1.004⁴⁸
= 20 000 × 1.211 207
= $24 224.13
Answer:
x - 36 ≥ 24
Ms. Estrada will bake at least 60 cookies
Step-by-step explanation:
Answer:
<h2>
y = 0.25x + 2</h2>
Step-by-step explanation:
(0, 2) ⇒ x₁ = 0, y₁ = 2
(-4, 1) ⇒ x₂ = -4, y₂ = 1
So the slope:
The point-slope form of the equation of the line passing through point (x₀,y₀) and with slope m is: y - y₀ = m(x - x₀)
m = 0.25
(0, 2) ⇒ x₀ = 0, y₀ = 2
Therefore:
y - 2 = 0.25(x - 0)
y - 2 = 0.25x {add 2 to both sides}
y = 0.5x + 2 ← the slope-intercept form of the equation
Three hundred ten million, seven hundred sixty three thousand, one hundred thirty six
The answer is C. Reflecting
