Answer:
$554.58
Step-by-step explanation:
The interest on the loan can be computed by first determining the future value of the loan in three years as follows:
FV=PV*(1+r)^n
PV is the amount of the loan which is $2,000
r is the interest rate which is 8.5%
n is the number of years which is 3 years
FV=$2000*(1+8.5%)^3=$ 2,554.58
Since the value of the loan in three years is $ 2,554.58 ,the interest on the loan is the difference between the future value and the present value
interest=$ 2,554.58-$2,000.00=$554.58
Answer:
2
Step-by-step explanation:
The question is asking for the cubic feet inside the prism, which means it wants the volume.
The volume equation is:
Volume= length x width x height
The issue is: the measurements of the prism are given to us in inches, while the problem asks for feet. We just need to convert each measurement, by dividing each by 12, since there are 12 inches per foot.
40 inches/12=3.33 feet
45 inches/12=3.75 feet
30 inches/12=2.5 feet
Now, we just have to plug in the numbers we found to solve for the volume.
V=(3.33 feet)(3.75 feet)(2.5 feet)
V=31.22 cubic feet
Answer:
The calculation for ROC is simple in that it takes the current value of a stock or index and divides it by the value from an earlier period. Subtract one and multiply the resulting number by 100 to give it a percentage representation.
Step-by-step explanation:
Rate of change is an extremely important financial concept because it allows investors to spot security momentum and other trends. For example, security with high momentum, or one that has a positive ROC, normally outperforms the market in the short term. Conversely, a security that has a ROC that falls below its moving average, or one that has a low or negative ROC is likely to decline in value and can be seen as a sell signal to investors.
The rate of change is also a good indicator of market bubbles. Even though momentum is good and traders look for securities with a positive ROC, if a broad-market ETF, index, or mutual fund has a sharp increase in its ROC in the short term, it may be a sign that the market is unsustainable. If the ROC of an index or other broad-market security is over 50%, investors should be wary of a bubble.
Hope this helps!
Brain-List?
The two values of x are -6.77 and 4.27
<u>Explanation:</u>
Given:
2x² + 5x - 58 = 0
Solving the equation further:
For quadratic equation:
where,
a = 2
b = 5
c = -58
Substituting the values in the equation we get:
The two values of x are -6.77 and 4.27
