Answer:
Step-by-step explanation:
<u>Given:</u>
- Investment P = £4900
- Interest rate r = 1.5% or r = 0.015
- Time t = 4 years
- Number of compounds per year n = 1
<u>Find the future amount:</u>
Answer:
x=30
Step-by-step explanation:
X intercept is 12
Y intercept is 9.
To find answer just cover up the one you don't want.
For x it would be -3x=-36
For y it would be 4y=-36
In general, purely competitive markets tend to benefit consumers over producers because "<span>Consumers control price through demand". Although perfect competition is practically impossible. </span>