9/10 * 5/2 = 45/20
The quotient will be greater than 1
You would take random numbers preferable smaller ones such as -1,0,1,2
You would put those in the place of x
Then you would square the value of x. After that you subtract 4. Whatever you come out with is your y value. Then you put the x value on the x axis and from that point count up or down to the number you need on the y axis. Together that would be your point
Answer: $7,500
Step-by-step explanation:
Use the formula: SI = P(1 + rt)
SI = 5000(1 + 0.05[10])
SI = 5000 + 2500
SI = $7,500
After 10 years, your balance should be $7,500
Answer:
16.5
Step-by-step explanation:
this is beacuse 16.5 times 2 is 33
Answer:
5 years
Step-by-step explanation:
In the question we are given;
- Amount invested or principal amount as $5048
- Rate of interest as 4% compounded 12 times per year
- Amount accrued as $6,163.59
We are required to determine the time taken for the money invested to accrue to the given amount;
Using compound interest formula;

where n is the interest period and r is the rate of interest, in this case, 4/12%(0.33%)
Therefore;



introducing logarithms on both sides;

But, 1 year = 12 interest periods
Therefore;
Number of years = 60.61 ÷ 12
= 5.0508
= 5 years
Therefore, it will take 5 years for the invested amount to accrue to $6163.59