Write an expression for the calculation 2/3 times the sum of 2/8 and 4/8
1 answer:
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Answer:
- 8
Step-by-step explanation:
The common difference d between consecutive terms is
d = -
, that is
d = - 4 - (- 2) = - 4 + 2 = - 2
To obtain the next term subtract - 2 from - 6
next term = - 6 - 2 = - 8
Answer:
$18,726.11
Step-by-step explanation:
Lets use the compound interest formula provided to solve this:
<em>P = initial balance</em>
<em>r = interest rate (decimal)</em>
<em>n = number of times compounded annually</em>
<em>t = time</em>
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First lets change 9% into a decimal:
9% -> -> 0.09
Since the interest is compounded quarterly, we will use 4 for n. Lets plug in the values now:
<u>The balance after 5 years is $18,726.11</u>