Answer:
Assume you will invest fixed amount x at the starting of each month
S(12): (1.00625x)*(1.00625^(12)-1)/(1.00625-1) = 2000
x=160
you will invest fixed amount 160 at the starting of each month and get 2000 at the end of the year ,which compounded 7.5% monthly.
how much will you have invested at the end of the first year ?
160*12=1920
Answer:
5.09 × 10^-2
Step-by-step explanation:
You have to take the number go to the decimal and move it until you get to the first number and in this case, it is 5 put the decimal there. To write it you have to count the number of times you moved the decimal. when doing this it will always be a number times 10^ the number you moved the decimal.
It would be a i hope this helps
Answer:
Inductive
Step-by-step explanation:
Answer:
The answer is

Step-by-step explanation:
Plug in and solve the equation. We are trying to find the y-intercept:

We found the y-intercept, so now we plug it in it's right full spot in the formula.
