Answer:
$730.08
Step-by-step explanation:
22% = 0.22
1 - 0.22 = 0.78
Value after 2 years
v = 1200(0.78)²
v = 730.08
$730.08
Firstly, solve the effective annual interest (ieff) with the equation,
ieff = (1 + i/m)^m -1
where i is the interest rate and m is the number of times the interest is compounded in a year. In this problem, m is 12
Substituting the values,
ieff = (1 + 0.034/12)^12 - 1 =0.03453
To solve for the future (F) amount of the present investment (P),
F = P x (1 + ieff)^n
where n is number of years.
F = ($742) x (1 + 0.03453)^15
Thus, the answer is $1234.76.
Answer:
(2+4)÷12
Step-by-step explanation:
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Answer and Step-by-step explanation:
(a) Given that x and y is even, we want to prove that xy is also even.
For x and y to be even, x and y have to be a multiple of 2. Let x = 2k and y = 2p where k and p are real numbers. xy = 2k x 2p = 4kp = 2(2kp). The product is a multiple of 2, this means the number is also even. Hence xy is even when x and y are even.
(b) in reality, if an odd number multiplies and odd number, the result is also an odd number. Therefore, the question is wrong. I assume they wanted to ask for the proof that the product is also odd. If that's the case, then this is the proof:
Given that x and y are odd, we want to prove that xy is odd. For x and y to be odd, they have to be multiples of 2 with 1 added to it. Therefore, suppose x = 2k + 1 and y = 2p + 1 then xy = (2k + 1)(2p + 1) = 4kp + 2k + 2p + 1 = 2(kp + k + p) + 1. Let kp + k + p = q, then we have 2q + 1 which is also odd.
(c) Given that x is odd we want to prove that 3x is also odd. Firstly, we've proven above that xy is odd if x and y are odd. 3 is an odd number and we are told that x is odd. Therefore it follows from the second proof that 3x is also odd.