Initial Deposit = $7000
It means P= $7000
rate of interest = 10%
So , r = 0.10
compounded quarterly , so n = 4
and we have to find the amount after 5 years , So t = 5
Now the formula we use here is





So amount after 5 years = $11470.315
5x- 10 = 20
5x -10 +10 = 20 +10
5x = 30
5x/5 =30/5
x = 6
Answer:
The slope is 1
Step-by-step explanation:
the formula for finding slope is : y2-y1/x2-x1
2. Subsitute: (1)-(0)/(4)-(3) = 1/1 = 1
Therefore, the slope is 1.
Answer:
I do not know the answer to this question
Step-by-step explanation:
Answer:
The total money in account after 8 months is $72 + $8 x
Step-by-step explanation:
Given as :
Total money available in saving account = $72
The money saves each month in account = $x
So, The money saves in account after 8 months = $x × 8 = $8 x
Let The total money in account after 8 months = $A
Or, A = money available in saving account + money saves in account after 8 months
i.e A = $72 + $8 x
So, The total money in account after 8 months = A =$72 + $8 x
Hence, The total money in account after 8 months is $72 + $8 x Answer