Answer:
Step-by-step explanation:
Draw a line from point ( 0.6, 0.8 ) to the X - axis, forming a right triangle with hypotenuse = r = 1 , adjacent = 0.6, opposite = 0.8
Answer:
m = 7.8
Step-by-step explanation:
Its the slope. Its the number next to the x.
If you simplify, the first step is to Multiple -1 by the -2 and - 2 In the parenthesis.
Which will give you -3 + 2 + 2
Then you add them together. Then solve 4 -3 = 1
All sides and angles are congruent
First, let's convert the nominal interest(r) into effective interest rate(i). The formula is
i = (1 + r/m)^m - 1
where m is the number of quarters in a year (m = 4)
i = (1 + 0.024/4)⁴ -1
i = 0.024217
The model would then be:
Future Worth = $3,000(1 + 0.024217)^t, where t is the number of years
