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: D
Step-by-step explanation:
The pythagorean theorem shows that 
.
This shows that the two shaded squares are equal, so D is incorrect.
Answer: -4/15
Step-by-step explanation: To add these two fractions together,
we start by finding their <em>Least Common Denominator</em> (LCD).
Since our denominators of 5 and 3 have no factors in common,
our least common denominator is 5 · 3 or 15.
In order to get a denominator of 15 in each fraction,
we multiply top and bottom of the first fraction by 3
and top and bottom of the second fraction by 5.
That gives us -9/15 + 5/15 which simplifies to -4/15.
As your last step, make sure that the fraction
that you end up with doesn't reduce.
In this case, -4/15 does not reduce but watch out for this last step.
Answer:
Option D. minimum value at −38
Step-by-step explanation:
we have
Let
Complete the square
------> equation of a vertical parabola in vertex form
The vertex is the point 
The parabola open upward-----> the vertex is a minimum
therefore
minimum value at −38
Answer:
7.405882353 years
Step-by-step explanation:
Simple interest is
A = P(1+rt)
Where A is the amount in the account
P is the principle invested
r is the rate and
t is the time
6593.75 = 5000( 1+ .0425*t)
Divide each side by 5000
6593.75/5000 = ( 1+ .0425*t)
1.31475 = ( 1+ .0425*t)
Subtract 1 from each side
.31475 = .0425t
Divide each side by.0425
.31475/.0425 = .0425t/.0425
7.405882353 = t
7.405882353 years
