The answer to this question is D. 14
Firstly, solve the effective annual interest (ieff) with the equation,
ieff = (1 + i/m)^m -1
where i is the interest rate and m is the number of times the interest is compounded in a year. In this problem, m is 12
Substituting the values,
ieff = (1 + 0.034/12)^12 - 1 =0.03453
To solve for the future (F) amount of the present investment (P),
F = P x (1 + ieff)^n
where n is number of years.
F = ($742) x (1 + 0.03453)^15
Thus, the answer is $1234.76.
Answer:
331
Step-by-step explanation:
Add 74 + 46 + 57 = 177
Add 9 + 36 = 45
Add 45 + 46 = 91
F(x) = x² + x - 20 = x² + 5x - 4x - 20 = x(x + 5) - 4(x + 5) = (x + 5)(x - 4)
f(x) = 0 ⇔ (x + 5)(x - 4) = 0 ⇔ x + 5 = 0 or x - 4 = 0 ⇒ x = -5 or x = 4
Answer: C. x = -5 and x = 4.
Answer:
87.5
Step-by-step explanation:
