Answer:
thousandths
Step-by-step explanation:
P = $70, p = 2.5% = 0.025
q = 1 + 0.025 / 12 = 1.002
Future value of a periodic deposit:
A = P · q · ( q^30 - 1 ) / ( q - 1 )
A = 70 · 1.002 · ( 1.002^30 - 1 ) / ( 1.002 - 1 )
A = $2,166
Answer:
He will have $2.166 in 30 months.
Answer:
4 1/2
Step-by-step explanation:
Apply the fractions formula for division, to
3/4÷1/6
and solve
3/6x4/1
=18/4
Reduce by dividing both the numerator and denominator by the Greatest Common Factor GCF(18,4) = 2
18/24÷2/2=9/2
Convert to a mixed number using
long division for 9 ÷ 2 = 4R1, so
9/2=4 1/2
Therefore:
3/4÷1/6=4 1/2
Answer:
x = -3, y =3
Step-by-step explanation:
y = -4/3x - 1
y = 1/3x + 4 -------> 4y = 4/3x + 16
Adding the first equation and the new second equation together:
5y = 15 ------> y = 3
Plug y = 3 into one of the original equations:
3 = 1/3x + 4
-1 = 1/3x
x = -3
