Answer:
The final ballance will be $1300.37.
Step-by-step explanation:
In this case we have a compounded interest, in order to calculate the final balance we need to use the following formula:
S = P(1 + r/n)^(n*t)
Where S is the final balance, P is the initial investment, r is the rate of interest, t is the time and n is the rate at which it is compounded. Since we have all the values we can directly apply to the formula as follows:
S = 975.52*(1 + 0.0725/4)^(4*4)
S = 975.52*(1.018125)^(16)
S = 975.52*1.333
S = 1300.37
The final ballance will be $1300.37.
Answer:
I think the incenter of LO is 27 like ML
Step-by-step explanation:
because LO is almost the same of ML
Answer:
Step-by-step explanation:
we know that
The simple interest formula is equal to
where
I is the Final Interest Value
P is the Principal amount of money to be invested
r is the rate of interest
t is Number of Time Periods
in this problem we have
substitute in the formula above
solve for r
convert to percentage (multiply by 100)
Y = 18 x² + m x + 2
Exactly one x - intercept is for:
D = m² - 4 · 18 · 2 = 0
m² - 144 = 0
m² = 144
Answer:
m = -12 or m = 12
