Answer: $107,836.69 or about $107,837 (to the nearest dollar)
Step-by-step explanation:
Formula to the accumulated amount received after investing principal amount (P) at rate of interest (r) compounded monthly for t months :
As per given , A = $130,000
r= 7.5% = 0.075
t= 30 months
Now,
Hence he need to invest $107,836.69 .
Answer:
Step-by-step explanation:
We are given the following in the question:
A(1, 1), B(2, 4), C(4, 2)
i) Slope of AB
Thus, slope of AB is 3.
ii) Point slope form
The point slope form of a line can be written as:
The point intercept form of line can be written as:
The line is parallel to AB and contains point C(4, 2). Since line p is parallel to AB, line p will have the same slope as line AB
Putting values, we get,
which is the required slope intercept equation of line p.
Answer:
See below:
Step-by-step explanation:
Hello! We can check to see if the inequality is true by replacing r with 18 as we have been told to find them in which 18 as r makes the equation true.
So our equations to test for are:
We can input 18 as r and then we see the following are correct:
1. No, as a -21 is not greater than -6
2. Yes, as -15 is less than 6.
3. No, as 21 is not greater than 6
4. No, as -15 is not greater than 6.
Cheers!