Answer:
$1,229.75
Step-by-step explanation:
Lets use the compound interest formula provided to solve this:

<em>P = initial balance</em>
<em>r = interest rate (decimal)</em>
<em>n = number of times compounded annually</em>
<em>t = time</em>
<em />
First, change 3.25% into a decimal:
3.25% ->
-> 0.0325
Since the interest is compounded monthly, we will use 12 for n. Lets plug in the values now:


Lastly, subtract A from P to get the interest earned:

Answer:
(7, 0) and (-5, 0)
Step-by-step explanation:
<u>Vertex form</u>
(where (h, k) is the vertex)
Given:

Given:



Therefore:

The x-intercepts are when y = 0






Therefore, the x-intercepts are (7, 0) and (-5, 0)
Answer:
$72.5
Step-by-step explanation:
- Initial value = $200
- Depreciated value after 4 years = $115
<u>Since depreciation rate is linear, then:</u>
- 200 - 4x = 115
- 4x = 200 - 115
- 4x = 85
- x = 85/4
- x = 21.25
<u>Value after 6 years:</u>
- 200 - 6*21.25 = 200 - 127.5 = $72.5