Answer:
$1,061.76
Step-by-step explanation:
(refer to attached handout)
For compound interest, you are given:
A = ? (need to find)
P = $1000
r = 3% = 0.03
n = compounded monthly = 12 times per year
t = 2 years
(substituting this into the formula)
A = P [ 1 + (r/n) ] ^(nt)
A = 1000 [ 1 + (0.03/12) ] ^[(12)(2)]
A = 1000 [ 1 + 0.0025 ] ^24
A = 1000 [ 1.0025 ] ^24
A = 1,061.76
Answer:
The resulting equation is
x^2/4+16x^2/9=1
Step-by-step explanation:
The given equations are:
3y=12x eq(1)
x^2/4+y^2/9=1 eq(2)
We need to isolate variable y in equation 1
Divide both sides of the equation with 3
3y/3 = 12x/3
y = 4x
Now, substitute the value of y=4x in second equation
x^2/4+y^2/9=1
x^2/4 + (4x)^2/9 = 1
The resulting equation is
x^2/4+16x^2/9=1
9>n-2=11
This is how you write the answar
n>11
Answer:
the answer is A or F (both are the same answer which is 40)