Answer:
d
Step-by-step explanation:
FV = P (1 + r/m)^mn
FV = Future value
P = Present value
R = interest rate
N = number of years
m = number of compounding
a. 6000x (1 + 0.04/12)^24 = 6498.86
b. . 6000x (1 + 0.03/12)^36 =6564.31
c. . 6000x (1 + 0.01/12)^48 = 6244.76
d. . 6000x (1 + 0.05/12)^60 =6630.47
Use this form to find the vertex
(H,K) (0,10)
9514 1404 393
Answer:
y = 750 -100x
Step-by-step explanation:
The initial remaining balance is 750. The balance decreases by 100 per month, so is reduced by 100x. The equation describing this is ...
y = 750 -100x
