Answer:
$169.92
Step-by-step explanation:
<em>Multiply Yearly Interest By How Many Years</em>
7.2 * 4 = 28.8
<em>Take 28.8 Percent Of Amount Of Money In The Account</em>
28.8 percent of 590 = 169.92
Answer:
y = x + 1 y = -x + 21
(0, 1) (0, 21)
(1, 2) (1, 20)
(2, 3) (2, 19)
(3, 4) (3, 18)
Step-by-step explanation:
Answer:
The slope of f(x) is greater than the slope of g(x). The y-intercept of f(x) is equal to the y-intercept of g(x).
Step-by-step explanation:
Both have y-intercepts at (0,1) but g(x) has a slope of 4 while f(x) has a slope of 5.
<span>Let a_0 = 100, the first payment. Every subsequent payment is the prior payment, times 1.1. In order to represent that, let a_n be the term in question. The term before it is a_n-1. So a_n = 1.1 * a_n-1. This means that a_19 = 1.1*a_18, a_18 = 1.1*a_17, etc. To find the sum of your first 20 payments, this sum is equal to a_0+a_1+a_2+...+a_19. a_1 = 1.1*a_0, so a_2 = 1.1*(1.1*a_0) = (1.1)^2 * a_0, a_3 = 1.1*a_2 = (1.1)^3*a_3, and so on. So the sum can be reduced to S = a_0 * (1+ 1.1 + 1.1^2 + 1.1^3 + ... + 1.1^19) which is approximately $5727.50</span>