To find the midpoint:
x=3-1/2= 1
y=5+7/2= 6
1. 4
2. 42
3. 30
4. 4
5. 18
6. 8
7. 36
8. 9
9. 19
10. equivalent
11. not equivalent
12. not equivalent
13. not equivalent
14. equivalent
15. equivalent
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9514 1404 393
Answer:
$1790.99
Step-by-step explanation:
<u>Given</u>:
$1625 is invested at an annual rate of 1.95% compounded quarterly for 5 years
<u>Find</u>:
the ending balance
<u>Solution</u>:
The compound interest formula applies.
FV = P(1 +r/n)^(nt) . . . Principal P at rate r for t years, compounded n per year
FV = $1625(1 +0.0195/4)^(4·5) = $1625(1.004875^20) ≈ $1790.99
The account ending balance would be $1790.99.
Answer:
6.998 rounded to 7.00
Step-by-step explanation:
