1: 23
2: 24
3: 3
4: 11
5: 21
6: 7
7: -11
8: 16
Answer:
Is it compounded monthly, weekly, yearly, or continuously?
Step-by-step explanation:
then the formula would be P=A/(1+r/n)^tn where r is interest rate as a decimal, A is the initial value, t is the time and n is the number of times compounded in a unit 't'. Plugging in the values, we would get 1000/(1+.05/1)^8(1)=$1477.46
I believe the balance would be $10,601.42
Hopefully that is the right answer
You need to graph the equation shown. :)
The total of all the purchases is $73.94. The remaining balance on the card is $26.06. Hope this helps!