Answer:
$46,141.71
Step-by-step explanation:
This looks about right, based on weekly deposits for the duration. However, I cannot vouch for it entirely, as the number of weekly deposits in 15 years will actually be 782.
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Computing this by hand doing the initial balance separately from the weekly deposits, I get a total of $46,252.10 using 782 weekly deposits. For that purpose, I tried to figure an equivalent weekly interest rate given monthly compounding and the fact there are 52 5/28 weeks in a year on average.
I suspect the only way to get this to the cent would be to build a spreadsheet with payment dates and interest computation/payment dates. Some months, there would be 5 deposits between interest computations; some years there would be 53 deposits.
One of the ways to graph this is to use plug in a few x-values and get an idea of the shape. Since the x values keep getting squared, there is an exponential increase on either side of the y-axis. You can see this by plugging in a few values:
When
x=0,f(x)=0
x=1,f(x)=1^2=1
x=2,f(x)=2^2=4
x=3,f(x)=3^2=9
x=4,f(x)=4^2=16
The same holds true for negative x-values to the left of the y-axis since a negative value squared is positive. For example,
x=−1,f(x)=(−1)2=1*−1=1
x=2,f(x)=(−2)2=−2*−2=4
The graph of f(x)=x^2 is called a "Parabola." It looks like this:
Answer:
Given
if p:q=2/3:3 and p:r=3/4:1/2, calculate the ratio p:q:r giving your answer in its simplest form
We need to find the ratio p:q:r
Given p:q = 2/3 : 3 = 2/3 / 3 = 2/9
and p : r = 3/4 : 1/2 = 3/4 / 1/2 = 3/2
Now p/q = 2/9 and p/r = 3/2
We need to make p equal numerators so we get
p/q = 2/9 x 3/3 = 6/27 and
p/r = 2/3 x 3/2 = 6/4
Therefore p : q : r = 6 : 27 : 4