Answer:
$2647.18
Step-by-step explanation:
Formula : ![A[\frac{1+(\frac{r}{n})^{n}-1 }{(\frac{r}{n} )}]](https://tex.z-dn.net/?f=A%5B%5Cfrac%7B1%2B%28%5Cfrac%7Br%7D%7Bn%7D%29%5E%7Bn%7D-1%20%7D%7B%28%5Cfrac%7Br%7D%7Bn%7D%20%29%7D%5D)
Future value = $43,000
r = rate of interest = 9% = 0.09
t = 3.5 years (compounded quarterly)
n = number of compounding (3.5 × 4) = 14
Now put the values into formula :
43000 = ![A[\frac{1+(\frac{0.09}{4})^{14}-1 }{(\frac{0.09}{4} )}]](https://tex.z-dn.net/?f=A%5B%5Cfrac%7B1%2B%28%5Cfrac%7B0.09%7D%7B4%7D%29%5E%7B14%7D-1%20%7D%7B%28%5Cfrac%7B0.09%7D%7B4%7D%20%29%7D%5D)


43000=A(
43,000 = A(16.243708)
A = 
A = $2,647.17883 ≈ $2647.18
Well 40 times 6 is 240 which means that you don't have to round.
The answer is the A. I hope this helps!
1) Substituting into point-slope form, the equation of the line is y-6=⅓(x-3), which rearranges to:
So, we can now substitute in the coordinates of each of the options to see which point lies on the line.
- 3 = ⅓(6) + 5 -> 3 = 7, which is false.
- 6 = ⅓(7) + 5 -> 6 = 22/3, which is false.
- -3 = ⅓(-3) + 5 -> -3 = 4, which is false.
- 3 = ⅓(-6) + 5 -> 3 = 3, which is true.
So, the answer is (4) (-6, 3)
2) Substituting into point-slope form, the equation of the line is y - 5 = ¾(x-2), which rearranges to:
- y - 5 = 0.75x - 1.5
- y = 0.75x + 3.5
So, we can now substitute in the coordinates of each of the options to see which point lies on the line.
- 8 = 0.75(6)+3.5 -> 8 = 8, which is true.
- 9 = 0.75(5) + 3.5 -> 9 = 7.25, which is false.
- 1 = 0.75(-1) + 3.5 -> 1 = 2.75, which is false.
- 2 = 0.75(6) + 3.5 -> 2 = 8, which is false.
So, the answer is (1) (6, 8).