Answer:
Base amount: $2,410.00
Interest Rate: 12% (yearly)
Effective Annual Rate: 12.68%
Calculation period: 3 years
$3,448.15
Step-by-step explanation:
The generic formula used in this compound interest calculator is
V = P(1+r/n)^(nt)
V = the future value of the investment
P = the principal investment amount
r = the annual interest rate
n = the number of times that interest is compounded per year
t = the number of years the money is invested for
Answer:
The answer is 4th point
Step-by-step explanation:
c∝b
c = k(b)
Let c = 3
b = 1
3 = k(1)
k = 3
c = 3b
Try:
Let c = 12
12 = 3b
b = 4 (proven)
Add <span>6</span> to both sides
<span>2x-6+6=4+6</span>
Simplify <span>4<span>+6</span></span> to <span>10</span>
<span>2x=10</span>
Divide both sides by <span>2</span>
<span>2x/2=10/2</span>
Simplify 10/2
<span><span>x=<span>5</span></span><span>
</span></span>
What is the rest of the question??
