Answer:
1.8
Step-by-step explanation:
Answer:
To determine the x-intercept, we set y equal to zero and solve for x. Similarly, to determine the y-intercept, we set x equal to zero and solve for y. ...
To find the x-intercept, set y = 0 \displaystyle y=0 y=0.
To find the y-intercept, set x = 0 \displaystyle x=0 x=0.
Answer:
d
Step-by-step explanation:
Soooo,
d = 2r
(29) = 2r
29/2 = 2r/2
14.5 = r
The effective annual interest rate is:
i = (1 + 0.064/12)^12 - 1 = 0.066
In year 1: the interest is $613.80 (multiple $9300 by 0.066)
In year 2: the interest is $654.31 (add interest from year 1 to $9300 and multiply by 0.066)
In year 3: the interest is $656.98 (do the same as year 2)
In year 4: the interest is $657.16
The total interest is: $2582.25
The present worth of this amount is:
P = 2582.23 / (1 + 0.066)^4 = $1999.72
The answer is $1999.72.
