3 years ago

HELP QUICKLY PLEASE

Mathematics

1 answer:

Alisiya [41]3 years ago

8 0

645/560=1.151785714
Ther perccent error in her estimate is 15%

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Using the slope-intercept formula, y=mx+b where m is the slope of the line and b being the y-intercept, by direct substitution, the y-intercept can be directly be obtained,
y=mx+b
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There will be 9897.47€ in the account.

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Step-by-step explanation:

Future value with annuity:

The future value formula, for an annuity, is:

$FV = \frac{P((1+r)^{n} - 1)}{r}$

An annuity means that a number of payments happen during the period(an year, for example.

P is the value of the deposit, r is the interest rate, as a decimal, and n is the number of deposits.

In this question:

1000 € each year, so $P = 1000$

Interest rate of 6%, so $r = 0.06$

One application per year for 8 years, so $n = 8$

Total amount:

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La cantidad será de 9897.47€.

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