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abieber4328
13.09.2019 •
Mathematics
Cory invests $4000 at 3.5%. how much will he have in 6 years if the interest is compounded monthly ?
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Ответ:
$ 4933.2 ( approx )
Step-by-step explanation:
∵ Future value formula is,
Where,
P = principal amount,
r = annual rate,
n = number of periods,
t = number of years,
Given,
P = $ 4,000, r = 3.5 % = 0.035, t = 6 years n = 12 ( number of months in 1 year = 12 ),
Hence, the future value would be,
Ответ:
(Since I cant see the following I’ll also give another tip) If the ordered pairs are given, then if a number in the x points is repeated, then it is not a function. But if I’m y is repeated, it doesn’t matter, it’s still a function. The only thing you need to focus on is on the x list, if one number is repeated then it is not a function.