9514 1404 393
Answer:
P = 50,000
r = 0.08
i = 0.02
K = 4
n = 20
t = 5
Step-by-step explanation:
In this formula, r is the annual interest rate, 8% or 0.08. K is the number of times the interest is compounded in a year. Since interest is compounded quarterly, K = 4.
r = 0.08
i = r/K = 0.08/4
i = 0.02
t is the number of years interest is compounded, so ...
t = 5
n = Kt = 4·5
n = 20
P is the principal amount invested:
P = 50,000
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Complete the recursive formula of the geometric sequence -0.56\,,-5.6\,,-56\,,-560,...−0.56,−5.6,−56,−560,...Minus, 0, point, 56
pentagon [3]
Answer:
The recursive formula is:
Cn = 10C(n-1)
Step-by-step explanation:
Given the geometric sequence.
-0.56, -5.6, -56, -560, ...
The common ratio is
-5.6/-0.56 = -56/-5.6 = -560/-56 = ... = 10
The recursive formula is easily
Cn = C(n-1) × 10
That is a number is ten times the preceding number.
Answer:
in 220 miles both plans will cost the same
Step-by-step explanation:
38 + .12m = 49 + .07m
38 + .05m = 49
.05m = 11
m = 11/.05