Answer:
FV= $3,716.32
Step-by-step explanation:
Giving the following information:
Initial investment (PV)= $3,500
Interest rate (i)= 1.2% compounded monthly
<u>First, we need to determine the monthly nominal interest rate:</u>
Monthly interest rate= 0.012/12= 0.001
<u>Now, to calculate the future value after 't' months, we need to use the following formula:</u>
FV= PV*(1 + i)^t
<u>For example, for 60 months:</u>
FV= 3,500*(1.001^60)
FV= $3,716.32
Answer:
50%
Step-by-step explanation:
Answer:
20.8853
Step-by-step explanation:
you can't do that cause these no words in expressions
Answer:
Variable "m"
Step-by-step explanation:
Hello!
The equation
is perhaps the most used equation when representing a line. The parts of the equation:
- y = output, y-value, ordinate...
- m = slope, rate of growth, rise over run...
- x = input, x-value, abscissa...
- b = y-intercept
____________________________________________
Let's use an example: y = 2x + 5
We want to find the y-value when x is 2.
To solve, simply plug in 2 for x:
- y = 2(2) + 5
- y = 4 + 5
- y = 9
So, the coordinate when x is 2 is (2,9), remember that coordinates are written in (x,y) format.
Image: y = 2x + 5
Answer:
x <-14
Step-by-step explanation: