First, we convert the interest such that it is compounded annually. The formula would be:
ieff = (1 + i/m)^m - 1
where m = 4, since there are 4 quarters in a year
ieff = (1 + 0.025/4)^4 - 1
ieff = 0.0252
Then we use this for this equation:
F = P(1 + i)^n, where F is the future worth, P is the present worth and n is the number of years
F = $600(1 + 0.0252)^15
F = $871.53
Y=90x+2,000
90 is the rate of change because the hot air balloon descends 90 feet per minute.
And 2,000 is the starting point because the hot air balloon started the descent at 2,000 feet.
It’s A)1/10x+4 Hope that’s helps!!!
<em><u>Step</u></em><em><u>•</u></em><em><u>BY</u></em><em><u>•</u></em><em><u>Step</u></em><em><u> </u></em><em><u>Explanation</u></em><em><u>~</u></em><em><u>|</u></em>
<em><u> </u></em><em><u>♡</u></em><em><u>♡</u></em><em><u>♡</u></em><em><u>♡</u></em><em><u>♡</u></em><em><u>♡</u></em><em><u>♡</u></em><em><u>♡</u></em><em><u>♡</u></em><em><u>♡</u></em><em><u>♡</u></em><em><u>♡</u></em><em><u>♡</u></em><em><u> </u></em><em><u> </u></em><em><u> </u></em><em><u> </u></em><em><u> </u></em>
y=1.50
x=0.50
¹
1.50
1.59
______+
3.00
0.50
_____+
<em>3.50</em>
<h2>
<em><u>Answer</u></em><em><u>:</u></em><em><u>♡</u></em><em><u>~</u></em></h2>
<em><u>3.50</u></em>
<em><u>HOPE</u></em><em><u> </u></em><em><u>IT</u></em><em><u> </u></em><em><u>HELPSS</u></em>