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2 answers:
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Answer:
Nope. Moltiplication (and thus divisions) has to be done before any addition or subtractions, unless parenthesis indicate otherwise.
Answer:
Annual: $302 737.50
Continuous: $332 507.52
Step-by-step explanation:
A. Compounded annually
The formula for <em>compound interest</em> is
A = P(1 + r)ⁿ
Data:
P = $45 000
r = 10 %
t = 20 yr
Calculations:
n = 20
A = 45 000(1+ 0.10)²⁰
= 45 000 × 1.10²⁰
= 45 000 × 6.727 499 95
= $302 737.50
B. Compounded continuously
The formula for <em>continuously compounded inerest</em> is
= 45 000 × 7.389 056 61
= $332 507.52
Answer:
y = x - 3
Step-by-step explanation:
From the table attached,
Scatter plot given in the graph is correct.
Let the equation of the line passing from a point (x', y') is,
y - y' = m(x - x')
m = slope
Slope of the line passing through two points and
is given by,
m =
Therefore, slope of the line passing through the points (11, 8) and (12, 9) will be,
m =
Therefore, equation of the line passing through (11, 8) will be,
y - 8 = 1(x - 11)
y = x - 11 + 8
y = x - 3