The equation for this is:
F = P(1+i)ⁿ
where
F is the present accounts balance
P is the initial deposit
i is the interest rate
n is the number of months
The interest rate is nominal which is 2.9% per year compounded monthly. Since there are 12 months in a year, that is equal to an effective interest rate of 0.24167% per month compounded monthly (i = 0.0024167). In 9 years, there are a total of 108 months, so n=108.
<span>$2033.88 = P(1+0.0024167)</span>¹⁰⁸
P = $1567.147
<span>y = x + 3 / 12
This is your answer.</span>
0,-2
I don’t really have an explanation
Answer:
4°
Step-by-step explanation:
Since it is said that the angles are corresponding angles so we know that corresponding angles are equal then,
<1 = <2
3x - 7 ° = x - 1°
3x - x = 7° - 1°
2x = 8°
x = 8° / 2
Therefore x = 4°
Hope it will help you :)
