We are given the following information
Investment = $5200
Annual interest rate = 4.2% = 0.042
Final amount = $16,500
Number of years = 27.7 years
Number of compoudings = quartely = 4
The student uses the following model
The general formula for compound interest is given by
As you can see, the number of compoundings is incorrect (3 vs 4)
The interest rate is also incorrect.
Let us substitute the given values into the above formula
Therefore, the final amount is approximately $16,543.5
Just add the displacement value to variable. If this value is positive, the graph will move to the right, otherwise it will shift to left.
Where: x=displacement value
If you notice any mistake in my English, please let me know, because I am not native.
Hello
<span>Place the midpoint of the protractor on the VERTEX of the angle.Line up one side of the angle with the zero line of the protractor (where you see the number 0).<span>Read the degrees where the other side crosses the number scale.
Have a nice day</span></span>
