Can u guys plz help me with these questions
1 answer:
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Answer:
$18,726.11
Step-by-step explanation:
Lets use the compound interest formula provided to solve this:
<em>P = initial balance</em>
<em>r = interest rate (decimal)</em>
<em>n = number of times compounded annually</em>
<em>t = time</em>
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First lets change 9% into a decimal:
9% -> -> 0.09
Since the interest is compounded quarterly, we will use 4 for n. Lets plug in the values now:
<u>The balance after 5 years is $18,726.11</u>
Answer:
The balance after the payment is $1263.84.
Step-by-step explanation:
The formula for amount after compound interest is
Where, P is principal, r is rate of interest, n is number of time interest compounded in a period, number of periods.
According to the given information,
P=1455.69
r=0.128
n=365
t=45
Put these values in the above formula,
The amount after compound interest is $1478.84. Add late fee chages $35 in this amount and subtract the payment of $250. So, the balance amount after payment is
Therefore the balance after the payment is $1263.84.
<u>Answer:</u>
2.5
<u>Step-by-step explanation:</u>
We are given a graph with a positive slope where the value of y increases when the value of x increases.
For the given graph, we are to find the constant of proportionality of y to x which is the slope of the given line.
We know the formula of the slope =
Substituting the given values in the formula: