2 years ago

Please help me!!! Click the image to see the question I need help

Mathematics

1 answer:

VikaD [51]2 years ago

7 0

Answer:

it on the paper

Step-by-step explanation:

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Francisco has a savings account balance of $2033.88. The interest rate on the account is 2.9% compounded monthly. If he opened t

artcher [175]

The equation for this is:

F = P(1+i)ⁿ
where
F is the present accounts balance
P is the initial deposit
i is the interest rate
n is the number of months

The interest rate is nominal which is 2.9% per year compounded monthly. Since there are 12 months in a year, that is equal to an effective interest rate of 0.24167% per month compounded monthly (i = 0.0024167). In 9 years, there are a total of 108 months, so n=108.

$2033.88 = P(1+0.0024167)¹⁰⁸
P = $1567.147

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2 years ago

Help please What is the value of y in this system of equations? -6x+2y=-18 -3x-2y=54

storchak [24]

Answer:

-6x+2y=-18 = $y = -9 + 3x$