Answer:
c. quarterly
Step-by-step explanation:
To start with 1 year is equal to twelve months
3months out of 12 months will be;
3/12= 1/4
Here it is compounded quarterly and n=4 where n is the number of compoundings a year.
Lets study the compound interest formula;
where;
A=The ending amount
P=Starting amount
r=rate of interest expressed as a decimal
n=number of compoundings a year
t=total number of years
The number of compoundings in any one year can be an interest compounded yearly where n=1, semi-annually with n=2, quarterly where n=4, monthly where n=12, weekly and n=52 and finaly daily with n=365.
Answer:
where is the table?
Step-by-step explanation:
Answer:
<h2>The easiest to solve for is x in the first equation</h2>
Step-by-step explanation:
Given the system of equation, x + 4 y = 14. and 3 x + 2 y = 12, to solve for x, we can use the elimination method of solving simultaneous equation. We need to get y first.
x + 4 y = 14............ 1 * 3
3 x + 2 y = 12 ............ 2 * 1
Lets eliminate x first. Multiply equation 1 by 3 and subtract from equation 2.
3x + 12 y = 42.
3 x + 2 y = 12
Taking the diffrence;
12-2y =42 - 12
10y = 30
y = 3
From equation 1, x = 14-4y
x = 14-4(3)
x = 14-12
x = 2
It can be seen that the easiest way to get the value of x is by using the first equation and we are able to do the substitute easily <u>because the variable x has no coefficient in equation 1 compare to equation 2 </u>as such it will be easier to make the substitute for x in the first equation.
Answer:
13 will the answer of this qn
