Answer:
5,477.63
Step-by-step explanation:
First, convert R percent to r a decimal
r = R/100
r = 6%/100
r = 0.06 per year,
Then, solve our equation for P
P = A / (1 + r/n)nt
P = 5,500.00 / (1 + 0.06/4)(4)(0.068448)
P = 5,500.00 / (1 + 0.015)(0.273792)
P = $ 5,477.63
Summary:
The principal investment required to get
a total amount of $ 5,500.00
from compound interest at a rate of 6% per year
compounded 4 times per year
over 0.068448 years
is $ 5,477.63.
** i got this from calculator soup
Answer:
2.5, -1.25, 0.625
Step-by-step explanation:
Answer:
y = 3
Step-by-step explanation:
<em>2x + 3y = 9</em>
<em>-2x + 2y = 6</em>
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We have to add these two equations which gives us 5y = 15. Now, if you divide by 5 on both sides you get y = 3.
Y=-9x+5
notice where the slope and y intercept are in the equation
