Step-by-step explanation:
this is the answer in the picture
Answer:
2
Step-by-step explanation:
The answer is 164. 5x4=20 and so on
Answer:
Sherry's Method of depositing $200 as a principal now with an interest at 4% compound at monthly will result in more money after two years.
Step-by-step explanation:
We use the Total Amount generated using compound interest formula to solve this question
Formula =
Total Amount(A) = P(1 + r/n)^nt
a) For Harrison
Principal = $200
Interest rate = 2% = 0.02
Time = 2 years
n = compounding quarterly = 4
A = P(1 + r/n)^nt
A = $2,000(1 + 0.02/4)^2×4
A = $2,000(0.005)^8
A = $ 2081.4140878
A = $ 2,081.41
b) For Sherry
Principal = $200
Interest rate = 4% = 0.04
Time = 2 years
n = compounding monthly = 4
A = P(1 + r/n)^nt
A = $2,000(1 + 0.04/12)^2×12
A = $2166.2859184
A = $ 2,166.29
The Total Amount for
Harrison = $ 2,081.41
Sherry = $ 2,166.29
Hence, from the above calculation, Sherry's Method of depositing $200 as a principal now with an interest at 4% compound at monthly will result in more money after two years.
Slope = 2/5 ; Passes through (-4, -7) ; Point-slope form
point-slope form : y-y₁=m(x-x₁)
Simply plug everything in :)
Remember !! m=slope
y - (-7) = 2/3(x - (-4))
Simplify.
y + 7 = 2/3(x + 4)
*Some teachers want this simplified more so here's the simplest answer :
y + 7 = 2/3x + 8/3 *
~Hope I helped!~
