Answer:
$8950.37
Step-by-step explanation:
Use the compound amount formula A = P(1 + r/n)^(nt), in which P is the initial amount of money (the principal), r is the interest rate as a decimal fraction, n is the number of times per year that interest is compounded, and t is the number of years.
Here we have A = $11,000, n = 2, r = 0.07 and t = 3, and so:
$11,000 = P(1 + 0.07/2)^(2*3), or
$11,000 = P (1.035)^6
$11,000 $11,000
Solving for P, we get P = ---------------- = ------------- = $8950.37
1.035^6 1.229
Depositing $8950.37 with terms as follows will result in an accumulation of $11,000 after 3 years.
Answer: tens
Step-by-step explanation: after ones comes tens, before ones comes decimal point
If 1.5 and 2.5 are the height and base, then just use Pythagorean theorem,
Answer:
6 x £20 notes, 7 x £5 notes
Step-by-step explanation:
6 x £20 = £120
7 x £5 = £35
£130 + £35 = £155
The points if the slope is 4 and the point is (1,-1) are (1,-1) and (2, 3)
<h3>What are linear equations?</h3>
Linear equations are equations that have constant average rates of change, slope or gradient
<h3>How to determine the points?</h3>
The given parameters are:
Slope = 4
Point = (1, -1)
The slope of 4 means that as x changes by 1, the value of y changes by 4
This means that, we have:
(x + 1, y + 4)
Substitute the known values in the above equation
(1 + 1, -1 + 4)
Evaluate
(2, 3)
Hence, the points if the slope is 4 and the point is (1,-1) are (1,-1) and (2, 3)
Read more about linear equations at:
brainly.com/question/14323743
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