Answer: he should invest $16129 today.
Step-by-step explanation:
Let $P represent the initial amount that should be invested today. It means that principal,
P = $P
It would be compounded annually. This means that it would be compounded once in a year. So
n = 1
The rate at which the principal would be compounded is 7.6%. So
r = 7.6/100 = 0.076
The duration of the investment would be 6 years. So
t = 6
The formula for compound interest is
A = P(1+r/n)^nt
A = total amount in the account at the end of t years.
A = 25000
Therefore
25000 = P(1+0.076/1)^1×6
25000 = P(1.076)^6
25000 = 1.55P
P = 25000/1.55
P = $16129
Answer:
(in attachment)
Step-by-step explanation:
you can find the points by inputting the x-values into the equation to solve for the y-values, then connecting the plotted points to create the line.
When x=-4
y=1/2(-4)
y=-2
(-4,-2)
Repeat for all values.
<span>The answer would be a reflection over the x-axis and then a reflection over the y-axis</span>
Answer:
E) 300
F) 510
Step-by-step explanation:
E) 6*50=300
F) 35*6+300=510
4x = 28
28 divided by 4 = 7
x = 7
4•7=28 (TRUE STATEMENT)
