Answer:
Step-by-step explanation:
<u>Slope intercept form:</u>
- y = mx + b, where m - slope, b - y-intercept
<u>Take two points from the graph:</u>
<u>Find the slope:</u>
- m = (3 - 1)/(3 - 1) = 2/1 = 2
<u>Find the y-intercept using point (2, 1) and the equation above:</u>
- 1 = 2*2 + b
- b = 1 - 4
- b = -3
<u>The line is:</u>
306/6 is 51 is you add one to one side and take away the other the six numbers become: 46, 48, 50, 52, 54, 56 as you added one to one side substituting the other you took away from, therefore the smallest would be 46.
The effective annual interest rate is:
i = (1 + 0.064/12)^12 - 1 = 0.066
In year 1: the interest is $613.80 (multiple $9300 by 0.066)
In year 2: the interest is $654.31 (add interest from year 1 to $9300 and multiply by 0.066)
In year 3: the interest is $656.98 (do the same as year 2)
In year 4: the interest is $657.16
The total interest is: $2582.25
The present worth of this amount is:
P = 2582.23 / (1 + 0.066)^4 = $1999.72
The answer is $1999.72.
For an investment compounded continuously, the rule of 69 gives a better approximation than the rule of 72 (for normal compound interests).
Answer:
Step-by-step explanation:
The given equation is :
We need to find the value of x.
When the exponent 2 removes from LHS, it will shift to RHS as square root as follows :
We know that, 4×4= 16 and 5×5 = 25
So,
So, the solution of the given equation is 4/5.