Answer: x= -25
Step-by-step explanation:
Answer:
Need help with using the graph to find the numbers
Assignment is about evaluating composition of functions from graphs anything helps
Answer:
d
Step-by-step explanation:
Answer:
a) amount in the bank after 7 years if interest is compounded quarterly is $6,605
b) amount in the bank after 7 years if interest is compounded quarterly is $6,612.57
Step-by-step explanation:
We are given:
Principal Amount P= 5000
Rate r= 4% = 0.04
time t = 7 years
The formula used is:
where A is future value, P is principal amount, r is rate, n is compounded value and t is time
a) Find the amount in the bank after 7 years if interest is compounded quarterly?
If interest is compounded quarterly then n = 4
Using values given in question and finding A
So, amount in the bank after 7 years if interest is compounded quarterly is $6,605
b) Find the amount in the bank after 7 years if interest is compounded monthly?
If interest is compounded quarterly then n = 12
Using values given in question and finding A
So, amount in the bank after 7 years if interest is compounded quarterly is $6,612.57
Answer:
Camille is able to buy the laptop in 14 months.
Step-by-step explanation:
Camille is saving for her to buy new laptop. She has created equation in order to understand the savings to finance the laptop. She is saving nearly 30 percent of her salary and with this savings she will be able to buy a new laptop in 14 months. Camille should consider saving more if she wants to buy the new laptop early.