Answer:
the interest earned= 93.401
and the future value of an annuity= 493.401
Step-by-step explanation:
Given Data:
Interest rate= 7%
time,t = 3 years
weekly payment, P= 400
At the end of 3 years, final investment A= ?
n= 52 as it is weekly
As per the interest formula
A= P(1+r/n)^nt
Putting value in above equation
=
= 493.401
Interest earned = A-P
= 493.401-400
= 93.401 !
Given:
The center of the circle = (-2,1).
Circle passes through the point (-5,3).
To find:
The equation of the circle.
Solution:
Radius is the distance between the center of the circle and any point on the circle. So, radius of the circle is the distance between the points (-2,1) and (-5,3).
On further simplification, we get
The standard form of a circle is:
Where, (h,k) is the center of the circle and r is the radius of the circle.
Substitute h=-2, k=1 and .
Therefore, the equation of the circle is .