Answer:
B. Recursive
Step-by-step explanation:
I calculated it logically
The answer is 523 because 4,707 divide 9 to be equal numbers for each one I hope it helps
The formula for calculating compound interest with yearly contributions is:
Balance = X*(1 + Y)^n + Z((1 + Y)^(n + 1) - (1 + Y)/Y)
where the balance is the money earned after n years invested
Y is the interest rate as a fraction
Z is the yearly contribution
X is the starting investment
Therefore the calculation for this example is:
Balance = 1200*(1 + 0.05)^48 + 1200((1.05)^49 - (1.05)/05)
= $249,393.5
Distance formula : d = sqrt (x2 - x1)^2 + (y2 - y1)^2
(-5,8)(10,-7)
d = sqrt (10 - (-5)^2 + (-7 - 8)^2
d = sqrt (10 + 5)^2 + (- 15^2)
d = sqrt (15^2) + (-15^2)
d = sqrt 225 + 225
d = sqrt 450
d = 21.21
P+prt
1000+1000(.06)x=2500
X=25
25 years