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Hitman42 [59]
2 years ago
5

find the amount accumulated after investing a principal P for t years at an interest rate compounded k times per year . ​

Mathematics
1 answer:
Dafna1 [17]2 years ago
5 0

Answer:

A = $2,122.20

Step-by-step explanation:

A = P(1 + r/k)^kt

Where,

A = future amount

P = principal = $1,500

r = interest rate = 7%

k = number of periods compounded = 4

t = years = 5 years

A = P(1 + r/k)^kt

= 1,500 (1 + 0.07/4)^4*5

= 1,500 (1 + 0.0175)^20

= 1,500 (1.0175)^20

= 1,500 (1.4148)

= 2,122.20

A = $2,122.20

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3 years ago
Given RT below, if S lies on RT such that the ratio of RS to ST is 3:1, find the coordinates of S.
Ksivusya [100]

Answer:

S(-2, -3)

Step-by-step explanation:

Find the diagram attached below,=. Frim the diagram, the coordinate of R and T are (-5, 3) and (-1, -5) respectively. If the ratio of RS to ST is 3:1, the coordinate of S can be gotten using the midpoint segment formula as shown;

S(X, Y) = {(ax1+bx2/a+b), (ay1+by1/a+b)} where;

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Substitute the values into the formula;

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3 years ago
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