<span>Let a_0 = 100, the first payment. Every subsequent payment is the prior payment, times 1.1. In order to represent that, let a_n be the term in question. The term before it is a_n-1. So a_n = 1.1 * a_n-1. This means that a_19 = 1.1*a_18, a_18 = 1.1*a_17, etc. To find the sum of your first 20 payments, this sum is equal to a_0+a_1+a_2+...+a_19. a_1 = 1.1*a_0, so a_2 = 1.1*(1.1*a_0) = (1.1)^2 * a_0, a_3 = 1.1*a_2 = (1.1)^3*a_3, and so on. So the sum can be reduced to S = a_0 * (1+ 1.1 + 1.1^2 + 1.1^3 + ... + 1.1^19) which is approximately $5727.50</span>
original points (-2,0), (2,0), (0,2)
new points (-6.25,0),(6.25,0),(0,6.25)
the point (0,6.25) is the vertex that lies on y -axis
Answer:
Cash, Bonds, Stocks and Mutual funds
Step-by-step explanation:
The four major categories of securities are:
- Cash
- Bonds
- Stocks
- Mutual funds
These 4 major categories are evaluated as given below:
- Cash: Cash is your normal money. You can use it to buy your everyday goods and services or invest in cash in various asset classes.
- Bonds: Bond is debt instrument and bonds are the agreement of debt. and bonds carry coupon rate that is (interest equivalent), tenure and final capital repayment
- Stocks: Ownership of stock in a company. A group (or a single) share of any company is called stock. Stock means you have some stake in the company.
- Mutual Funds: A mutual fund is an asset basket that can hold cash, bonds, stocks, real estate, and so on. The type and structure of mutual funds will vary depending on the client's choice of the fund manager and the category of the category
Answer:
B
Step-by-step explanation:
B is the only choice that has both all of the steps, and all of the steps in the right order.
Answer:
1 taco is $4
Step-by-step explanation:
2t + 3d = 14 4t + 6d = 28
3t + 2d = 16 -9t -6d = -48
-5t = -20
t = 4
