After 10 years, there will have been 120 deposits. The last one earns 12%/12 = 1% interest, so is mutipied by 1.01. The one before is multiplied by 1.01². Overall, you have the sum of a geometric series of 120 terms with first term 10.10 and common ratio 1.01. That sum is given by the general formula
Sn = a1·(r^n -1)/(r -1)
S120 = 10.10(1.01^120 -1)/(1.01 -1)
S120 = 1010·2.30038689 ≈ 2323
At the end of the 10th year (before the first deposit of the 11th year), the account balance will be
$2,323
The answer is f(x)=(x-2)/7
to find the inverse of a function, swap x and y and then find y. hope this helps!
Answer: 800$ is the answer.
multiply to by both sides, remove 1/2.
Have a blessed day.
Answer:
(3,4) (4,3) (9,7)
Step-by-step explanation:
this represents a function because none of the x's in the x values repeat
A is the answer since if you graph it, it has those points, or you may just simply plug in the x points that are given and see if they equal the y number