Answer:
The balance will be $7,577.03.
Step-by-step explanation:
The compound interest formula is given by:
Where A is the amount of money, P is the principal(the initial sum of money), r is the interest rate(as a decimal value), n is the number of times that interest is compounded per unit t and t is the time the money is invested or borrowed for.
In this problem, we have that:
Semianually means twice a year, so 
We want to find A when 
.
So
The balance will be $7,577.03.
Answer:
<em>x = -2, y = -1</em>
Step-by-step explanation:
<u>System of Equations</u>
Solve the system:
y = 1/2x
y = -x - 3
Multiplying the first equation by 2:
2y = x
Substituting x in the second equation:
y = -2y - 3
Adding 2y:
3y = -3
y = -3/3
y = -1
And x = 2*(-1) = -2
Solution: x = -2, y = -1
Answer:
What is the area?
Step-by-step explanation:
Answer:
a 3 + b 3 = (a + b) (a 2 − a b + b 2 ). Substituting a = x and b = 3 into the formula yields: x 3 + 27 = (x + 3) (x 2 − 3 x + 9).
Step-by-step explanation:
