The balance after the third payment is $1715.05.
If n is the number of times the interested is compounded each year, and 'r' is the rate of compound interest annually, then the final amount after 't' years would be:
We are given that;
Amount= $2000
Rate= 1%
Monthly payment = $100
Now,
Plugging these values into the formula, we get:
A = 2000 (1 + 0.01/12)^(12 * 3/12) A
≈ 2015.05
=2015.05 - 100 * 3
= $1715.05
Therefore, by the given interest the answer will be $1715.05
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Answer:
$2.52
Step-by-step explanation:
If you start with the balance being $2000, the monthly payment is $100 with the percentage rate being 1%. You would way 0.84 per month and if you multiply that by three months, you get $2.52.
3/8 is larger than 5/16.
Given are two fractions 3/8 and 5/16, we need to determine which is larger one,
To determine which fraction is larger between 3/8 and 5/16, we can compare their values.
First, let's find a common denominator for both fractions. The least common multiple (LCM) of 8 and 16 is 16.
We can convert both fractions to have a denominator of 16:
3/8 = (3/8) x (2/2) = 6/16
5/16 = 5/16
Now, we can see that 6/16 is larger than 5/16.
In general, when comparing fractions with the same denominator, the fraction with the larger numerator is greater.
However, when the denominators are different, as in this case, we need to convert the fractions to have the same denominator before comparing them.
Therefore, 3/8 is larger than 5/16.
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Answer:
y = x² + 7x + 12
Step-by-step explanation:
Given the zeros x = - 4 and x = - 3, then the corresponding factors are
(x - (- 4) ) and (x - (- 3) ), that is
(x + 4) and (x + 3)
The function is then the product of its factors
y = (x + 4)(x + 3) ← expand using FOIL
= x² + 7x + 12
0.17
A. is the correct answer
Step-by-step explanation:
Definition
A y-intercept is the place where a line or curve crosses, or touches, the y-axis - the vertical, often darkened line in the center of a graph. It is also the point at which x = 0.