The effective annual interest rate is:
i = (1 + 0.064/12)^12 - 1 = 0.066
In year 1: the interest is $613.80 (multiple $9300 by 0.066)
In year 2: the interest is $654.31 (add interest from year 1 to $9300 and multiply by 0.066)
In year 3: the interest is $656.98 (do the same as year 2)
In year 4: the interest is $657.16
The total interest is: $2582.25
The present worth of this amount is:
P = 2582.23 / (1 + 0.066)^4 = $1999.72
The answer is $1999.72.
Sergio will buy first! He is earning more than Lia per week, and it would take him about 34 weeks and he’d haves little money left over by that time :)
Answer:
a. L.B. = 20.5
b. U.B. = 21.5
Step-by-step explanation:
Length is measured 21 cm correct to 2 significant figures
a. Lower bound of 21
= 20.5 < 21
= 20.5
b. Upper bound of 21
= 21 < 21.5
= 21.5
2x - 3y = 6
To find the x-intercept, plug zero in for y and solve.
2x - 3(0) = 6
2x = 6
divide both sides by 2
x = 3
The ordered pair is (3,0)
Answer:
A
Step-by-step explanation:
( 2, -5 )
( -2, -5)
Hope this helps dude
