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sashaice [31]
3 years ago
15

An investment of P=1237.50 is compounded annually with a 6.75% APR . Find the value of the investment after 5 and a half years.

Mathematics
2 answers:
Ber [7]3 years ago
5 0

Answer:

Under compound interest, not only does the principal generate interest, so does the previous accumulated interest. The future value F of P dollars compounded annually for t years with an annual percentage rate (APR) r expressed as a decimal is .

katen-ka-za [31]3 years ago
3 0

Answer:

  • 1772.43

Step-by-step explanation:

<u>Given:</u>

  • Principal P = 1237.50
  • Interest rate r = 6.75% or 0.0675
  • Number of compounds n = 1
  • Time t = 5.5 years

<u>Find the total:</u>

  • A = P(1 + r/n)^{nt}
  • A = 1237.5*(1+0.0675)^{5.5} = 1772.43
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Determine the intervals on which the function is increasing, decreasing and constant
viva [34]

Answer:

  • increasing: (-∞, 0)
  • decreasing: (0, ∞)

Step-by-step explanation:

The function goes up to the right until it gets to the vertex at x=0. Then it goes down to the right. That is, it is ...

  increasing from -∞ to 0 (not including 0)

  decreasing from 0 to +∞ (not including 0)

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At x=0, the function is neither increasing nor decreasing, so x=0 is not part of either interval.

6 0
3 years ago
Joe is 5 years older than Sydney. The sum of their ages is 45. What is Sydney’s age?
sweet-ann [11.9K]

Answer:

20 years old

Step-by-step explanation:

Joe = J

Sydney = S

J = 5 + S

J + S = 45

Substitute

5 + S + S = 45

Add

5 + 2S = 45

Subtract 5 from both sides of the equation

2S = 40

Divide both sides of the equation by 2

S = 20

Sydney is 20 years old

Hope this helps :)

8 0
3 years ago
(08.03)
VMariaS [17]

Answer:

rearrange them properly to get

x-y=7

-3x+y=12

( by elimination method)

x-y = 7

-3x+y=

(x+ –3x) + (–y+y) = (7+12)

-2x+0= 19

x= -9.5

from eqn(i)

x-y=7

-9.5 - y=7

-y=16.5

y= -16.5

8 0
3 years ago
Kind of confused on this question, please help
Wittaler [7]

Answer:

4th option

Step-by-step explanation:

The equation of a line in slope- intercept form is

y = mx + c ( m is the slope and c the y- intercept )

y = \frac{3}{5} x - 6 ← is in slope- intercept form

with slope m = \frac{3}{5}

Given a line with slope m then the slope of a line perpendicular to it is

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The equation of a line in point- slope form is

y - b = m(x - a)

where m is the slope and (a, b) a point on the line

Here m = - \frac{5}{3} and (a, b ) = (- 2, 5 ) , then

y - 5 = - \frac{5}{3} (x - (- 2) ) , that is

y - 5 = - \frac{5}{3} (x + 2)

8 0
3 years ago
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