Answer:
the interest earned= 93.401
and the future value of an annuity= 493.401
Step-by-step explanation:
Given Data:
Interest rate= 7%
time,t = 3 years
weekly payment, P= 400
At the end of 3 years, final investment A= ?
n= 52 as it is weekly
As per the interest formula
A= P(1+r/n)^nt
Putting value in above equation
=
= 493.401
Interest earned = A-P
= 493.401-400
= 93.401 !
Answer:
-1/3
Step-by-step explanation:
Slope is defined as "rise over run". If you count out the units, you should be able to see that your rise is 1 and your run is 3 and is pointing downward, so your answer is -1/3.
Alternatively you could use Slope Formula:
8x40=320 (+) 8x7=56 (=) 376.
A=40
hope this helped
Answer:
2/3
Step-by-step explanation:
Divide 5/6 by 5/4
Find the Reciprocal of 5/4
5/6 times 4/5
5/3 time 2/5
10/15
2/3