Answer:
Your total purchase was $9.40
Step-by-step explanation:
6 x 0.49 = 2.94
1 x 3.48 = 3.48
2 x 1.49 = 2.98
2.94 + 3.48 + 2.98 = 9.4
Answer:
c
Step-by-step explanation:
The limit exists because it's continuous since they equal each other
when x approaches zero.
Substitute both expressions with x=0 and both of them will equal 2, so the limit should be 2.
Answer: number of years that it will take for the balance to reach $120,000 is 42 years
Step-by-step explanation:
Initial amount deposited into the account is $4000. This means that the principal is $4000
P = 4000
It was compounded annually. This means that it was compounded once in a year. So
n = 1
The rate at which the principal was compounded is 8.4%. So
r = 8.4/100 = 0.084
Let the number of years that it will take for the balance to reach $120,000. It means that it was compounded for a total of t years.
Amount, A at the end of t years is $120,000
The formula for compound interest is
A = P(1+r/n)^nt
120000 = 4000(1 + 0.084/1)^1×t
120000/4000 = 1.084^t
30 = 1.084^t
t = 42 years
