Answer:
Your answer is correct in the image
there is no need to change that
What would be the question????
<h3>Answer: 787.25 dollars</h3>
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Work Shown:
A = final amount after t years = 1000
P = initial deposit = unknown
r = interest rate in decimal form = 0.08
n = compounding frequency = 12
t = number of years = 3
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A = P*(1+r/n)^(n*t) is the compound interest formula
1000 = P*(1+0.08/12)^(12*3)
1000 = P*1.27023705162066
1.27023705162066P = 1000
P = 1000/1.27023705162066
P = 787.254629932364
P = 787.25 rounding to the nearest penny
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note: this assumes that the interest rate stays at 8% the entire three year period; also, you cannot withdraw any money from the account during this time period.
A function and its inverse are reflected over the line y = x. To graph a function and its inverse, all you have to do is graph the function and then switch all x and y values in each point to graph the inverse.
In order to find each one, we need to divide 23.96/4 to find what each pound costs. After dividing, you get 5.99. Each pound costs 5.99. So for the first one just multiply 2x5.99 and get 11.98. And the second one shows 17.97 so we can just divide 17.97 by 5.99 and get 3. Just work off of that and you’ll get the rest! But the answer would turn out to be C because you add 5.99 to 23.96 and you get 29.95! Hope this helped
