To calculate amount accrued after a given period of time we use the compound interest formula: A= P(1+r/100)∧n where A i the amount, P is the principal amount, r is the rate of interest and n is the interest period.
In the first part; A= $ 675.54, r= 1.25% (compounded semi-annually) and n =22 ( 11 years ), hence, 675.54 = P( 1.0125)∧22
= 675.54= 1.314P
P= $ 514.109 , therefore the principal amount was $ 514 (to nearest dollar)
Part 2
principal amount (p)= $ 541, rate (r) = 1.2 % (compounded twice a year thus rate for one half will be 2.4/2) and the interest period (n)= 34 (17 years×2)
Amount= 541 (1.012)∧34
= 541 ×1.5
= $ 811.5
Therefore, the account balance after $ 811.5.
Answer:
y = 5x
Step-by-step explanation:
Answer:
Step-by-step explanation:
Remark
Always the easiest way to study these questions is to get a graph. The one below shows
Red: y = x^2
Blue: y= 3(x + 1)^2
You will notice that (x+1)^2 shifts the graph Left -- the opposite to what you might think.
The 3 is a little harder. It narrows the red mother graph. Which choice says that?
The choice is between b and d. Why. Because the blue graph is to the left of the red one.
You have to learn the meaning of compressed. A better word might be narrows.
Answer
B