Given
Present investment, P = 22000
APR, r = 0.0525
compounding time = 10 years
Future amount, A
A. compounded annually
n=10*1=10
i=r=0.0525
A=P(1+i)^n
=22000(1+0.0525)^10
=36698.11
B. compounded quarterly
n=10*4=40
i=r/4=0.0525/4
A=P(1+i)^n
=22000*(1+0.0525/4)^40
=37063.29
Therefore, by compounding quarterly, she will get, at the end of 10 years investment, an additional amount of
37063.29-36698.11
=$365.18
Answer:
it would be
B. y + 5 = 2(x + 6)
if there is a negative number and you are subtracting it turns positive
Step-by-step explanation:
Answer:
Step-by-step explanation:
Hooke's Law applies here, which is a linear relationship. It would be easier to solve this using proportions with N of force on the top and the amount of stretch in cm on the bottom. Set up with our unknown, the number of cm:
and cross multiply:
20x = 300 so
x = 15 cm
The answer is 4.
The easiest way to determine the value of statements like this is to turn the percentage into a decimal and then multiply.
20% * 20
.20 * 20
4
Answer:
a) yes
b) 2560
Step-by-step explanation:
An exponential function has a common ratio between points uniformly spaced. Here, the data points are 10 years apart.
The ratio of the first two values is 4000/5000 = 0.8.
The ratio of the next two values is 3200/4000 = 0.8.
These ratios are the same, so the data is consistent with an exponential function.
The common ratio can be used to predict the next value. The next value is predicted to be ...
3200 × 0.8 = 2560
