Firstly, solve the effective annual interest (ieff) with the equation,
ieff = (1 + i/m)^m -1
where i is the interest rate and m is the number of times the interest is compounded in a year. In this problem, m is 12
Substituting the values,
ieff = (1 + 0.034/12)^12 - 1 =0.03453
To solve for the future (F) amount of the present investment (P),
F = P x (1 + ieff)^n
where n is number of years.
F = ($742) x (1 + 0.03453)^15
Thus, the answer is $1234.76.
Answer:
square root of 29
Step-by-step explanation:
use the distance formula and then plug the numbers in, i got the sqrt(29) after i did that
Answer:
9
Step-by-step explanation:
Equation
Sum = s = 180*(n - 2)
Solution
1260 = 180*(n - 2) Divide by 180
1260 / 180 = 180 * (n -2 ) / 180
7 = n - 2 Add 2 to both sides
9 = n
Answer
The polygon has 9 sides.
Answer:
490 or 500
Step-by-step explanation:
If we round to the 10th, Julie ran 490 feet.
I we round to the 100th, Julie ran 500 sq. ft.
A = 4.25p
this equation says that the amount that you spent (A) is equal to the how many pounds of cherries you buy (p) and you know from the question that each pound costs 4.25