Answer: y = 2 <em>when x = 4</em>
i looked for a correlation in the given problem, and i realized that "y" will equal half of whatever "x" equals. so <em>when x = 4</em>, y = 2.
Answer:
2
Step-by-step explanation:
Answer:
$2,459.21
Step-by-step explanation:
(see attached for reference)
recall that the formula for compound interest is:
A = P [ 1 + (r/n)^ (nt) ]
where,
A = Final amount ( we are asked to find this)
P = principal amount = given as $2,340
r = Annual Interest Rate = given as 5% = 0.05
n = number of times compounded in a year = 4 (compounded quarterly)
t= time = 1 year
Substituting the values into the equation,
A = P [ 1 + (r/n)^ (nt) ]
A = 2,340 [ 1 + (0.05/4)^ (4·1) ]
A = $2,459.21
49/63 and 48/63..........