Savings account100 shares x $9.75 = $975, then multiplied by 0.045 will result to $43.89.
Stock100 shares x $9.75 = $975, then multiplied by 0.08 will result to $78.00.
So, the difference between your stocks and savings account by end of the year is $34.11 ($78.00 deducted by $43.89).Your stock is gaining higher APR by $34.11 than what's calculated in your savings account.
Thge answer id the first one or last one
Answer:
$8882.9
Step-by-step explanation:
A=p(1+(r/n))^nt
Given:P=7000, r=(3÷100%)=0.03 , n=2, t=8
A = 7000(1+(.03/2))^(2×8)
A = 7000 (1+0.015)^16
A = 7000 × 1.015^16
A = $8882.9
Answer:
a(1)= -3
a(n)=a(n-1) (-3)
Step-by-step explanation:
hope this helps
Answer:
y = 5x + 5
Step-by-step explanation:
m = 5
y = mx + b
25 = 5(4) + b; b = 5
y = 5x + 5
