The amount gotten after $1689 invested for 4 years at 3% compounded annually is $1901
The amount of money gained after an investment is compounded is given by:
Where P is principal, A is the final amount, r is the rate, n is the number of times compounded per period and t is the time
Given that P = $1689, t = 4, r = 3% = 0.03, n = 1, hence:
The amount gotten after $1689 invested for 4 years at 3% compounded annually is $1901
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Two digits after the decimal point it the hundredths place
so we want to round to the place 4 is in
The number after 4 is 2, so we will round down
We will get 0.24
Given:
Two endpoints of a diameter of a circle:
P (-7, -10)
Q (3, 2)
a) To find the center of the circle, find the midpoint of the two points:
midpoint:
(x2 - x1 )/ 2 , (y2 - y1) / 2
x= (2 - (-7))/2 = 4.5
y= (3 - (-10))/2 = 6.5
Therefore, the center of the circle is at C(4.5, 6.5)
b) To find the radius of the circle, we need to find the distance between the two points and divide by 2.
d = √(y2-y1)^2 + (x2 - x1)^2
d = √(2-(-7))^2 + (3 - (-10))^2
d = 5√10 = diameter
r = d/2 = 5√10 /2
Answer:
C: Nominial interest rate
Step-by-step explanation:
C
