Answer:
Annual: $302 737.50
Continuous: $332 507.52
Step-by-step explanation:
A. Compounded annually
The formula for <em>compound interest</em> is
A = P(1 + r)ⁿ
Data:
P = $45 000
r = 10 %
t = 20 yr
Calculations:
n = 20
A = 45 000(1+ 0.10)²⁰
= 45 000 × 1.10²⁰
= 45 000 × 6.727 499 95
= $302 737.50
B. Compounded continuously
The formula for <em>continuously compounded inerest</em> is
= 45 000 × 7.389 056 61
= $332 507.52
Answer:
factor and set each factor equal to zero.
x ≈ −
8.02641268
, 0.23670905
, 5.78970363
Step-by-step explanation:
aight, this is my best shot. hope this helps
Okay, so supplementary angles = 180 degrees.
Starting equation : 4y + 7 + 9y + 4 = 180
Combine like terms : 13y + 11 = 180
Subtract 11 from both sides : 13y = 169
Divide 13 from both sides : y = 13
Insert y value into original m<2 equation : 9(13) + 4
Solve : 121 degrees
If you want to check your work, all you have to do is insert y value into original m<1 equation and then add both m<1 and m<2. If they equal 180, your answer is correct.
4(13) + 7 = 59
59 + 121 = 180
She nee to save $60 more so she can buy a new bike