To get the value of Connie's deposits we use the future value of annuity:
FV=P[((1+r)^n-1)/r]
where:
P=periodic deposits
r=rate
n=time
thus plugging our values in the formula we get:
FV=2000[((1+0.05)^4-1)/0.05]
FV=$8620.25
Answer: $8620.25
Answer:
B. Food market
Step-by-step explanation:
You typically buy all of your groceries at Grocery Mart. This week, your favorite cereal is on sale there, 4 boxes for $10. At Food Market, where you don’t typically shop, the same cereal is on sale for $2.25 a box. Based on price, which is the better value option?
A.Grocery Mart
B. Food Market
Grocery market:
4 boxes for $10
Unit price = cost / quantity
= $10 / 4 boxes
= $2.50 per box
Food market:
Price per box = $2.25
The better value option based on price is food market because it cost less to buy a box of cereal than grocery mart
Answer: I think Value of x is 8 I’m not sure
Answer:
x + y <u>></u> 15
10x + 5y <u><</u> 100
we will put it in terms of y
y <u>></u> 15 - x
and
5y <u><</u> 100 - 10x
y <u><</u> 20 - 2x
<u>-TheUnknownScientist</u>
Step-by-step explanation:
the answer is y=-6 when x=-3