Answer:
D = $8637.45
Step-by-step explanation:
Rate = 3.65% = 0.0365
Principal = 5000
Time (t) = 15 years
N = 12 (since its compounded monthly)
Compound interest (A) = P(1 + r/n)^nt
A = 5000(1 + 0.0365 / 12)^15*12
A = 5000(1 + 0.00304)¹⁸⁰
A = 5000(1.00304)¹⁸⁰
A = 5000 * 1.7269
A = 8634.86
The investment would worth $8634.86
Note: the final answer may vary slightly from the answer in the options due to ± from approximation
Answer:
If you want 915/7 simplified, it is 130.714285714.
Step-by-step explanation:
Answer:
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Step-by-step explanation:
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Hello,
I suppose you want the equation
There are 2 infinite solutions:
y=k(x-5)²(x+5)
or
y=k(x-5)(x+5)²