Start at the end and work backwards:
-- The quotient of a number 'y' and 2 . . . . . ( y/2 )
-- 5 less than that . . . . . ( y/2 - 5 )
Answer:
$5265.71
Step-by-step explanation:
We have been given that you deposit $3000 into a money-market savings account which pays 4.8% compounded quarterly.
We will use future value formula to solve our given problem.
, where,
,
r = Rate of return in decimal form,
n = Number of periods.
Therefore, there will be $5265.71 in your account at the end of those 3 years.
Answer:
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Step-by-step explanation:
The point-slope form:
We have the point (4, -6) and the slope m = 3/5. Substitute:
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