Answer:
Step-by-step explanation:
<u>Compound Interest</u>
It's the type of financial calculations that includes the interest of previous periods into the new interests earned by some initial investment or principal P.
If we want to compute the final value FV of a series of n payments R at a fixed compound interest rate i, then
Where
The question provides us the following data
i=10% compounded twice a year
n=3 1/2 years
FV=15,000
We need to convert the number of periods and the interest rate to a semester base:
Let's calculate Fm
Knowing that
Solving for R
Sara should deposit $1,842.30 twice a year to have the down payment for her own restaurant
Answer:
$12.86
Step-by-step explanation:
multiply 13.50 by 0.05 and subtract the answer from 13.50
Answer:
y = 6x + 5
Step-by-step explanation:
Given y = 6x then y = 6x +c is a vertical shift of y
• If c > 0 then shift up by c units
• If c < 0 then shift down by c units
Here the shift is 5 units up , therefore
y = 6x + 5 ← is the transformed equation
All the angles in a circle equal to 360 degrees. So basically just add up all the known values: 23+23+15=61 and then subtract that from 360: 360-61=299.
You can also do 23+23+15+x=360. Adding it all becomes 61+x=360, subtract 61 from both sides of the equation, and you get x=299.
(Something to help remember is that the angle is obtuse, meaning it’s automatically more than 90 degrees, hope this helps!)
