Part A: As we have learned when given a pair of equations, we must always find a Point of Intersection....or, in other words...the solution of the lines given to us. As we know there can be one solution, in this case we view the graph; see where they intersect, and realize that the solution to these lines (Point of Intersection) is at (4,4).

Thus, your answer.

3 0

3 years ago

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Anisha invested $8,000 in an account that earns 10% interest How much money will she have in 15 years of the interest is compoun

tamaranim1 [39]

Answer:

A = $35,198.32

Step-by-step explanation:

Use the formula to calculate compound interest:

A = P(1 + i)ⁿ

"A" for total amount after the time period

"P" for principal, or starting money

"i" for the interest rate in a compounding period

To calculate "i":

i = r / c

"n" for the number of compounding periods

To calculate "n":

n = tc

So, we can combine the formulas into:

$A = P(1+\frac{r}{c})^{tc}$

"c" is the compounding periods in a year. (quarterly = 4)

We know:

P = 8000

r = 10% / 100 = 0.1

t = 15

c = 4

Substitute the information in the formula.

$A = P(1+\frac{r}{c})^{tc}$

$A = 8000(1+\frac{0.1}{4})^{15*4}$ Solve "i" and "n"

$A = 8000(1+0.025)^{60}$ Solve inside the brackets

$A = 8000(1.025)^{60}$ Do the exponent before multiplying by 8000

A = 35198.318 Exact answer

A ≈ 35198.32 Round to two decimal places for money

Therefore she will have $35,198.32 after 15 years.

5 0

3 years ago

Can someone help me with this ​

Can someone help me with this