Suppose you invest $50 a month in an annuity that earns 48% APR compounded monthly. How much money will you have in this account after 2 years?
A: 2001.29
B: 751.29
C: 1954.13
D: 1536.19
Solution:
use formula P[((1+(r/n)^(nt))-1)/(r/n)]
Solution 50[((1+(0.48/12)^(2 x 12))-1)/(0.48/12)]
= C $1954.13

C

Step-by-step explanation:

no he doesnt because "-16' is negatiive

step-by-step explanation:

b: |12 – x| ≤ 0.25

step-by-step explanation:      

let x be the possible lengths in inches, of the ribbons jaime cut.

we have been given that jaime is cutting strips of ribbon for a project. he tries to cut each piece to be 12 inches long, but sometimes he cuts it too long or too short by as much as 0.25 inch.  

we can represent this information in an inequality as:

by the definition of absolute value function we will get,

upon combining our inequalities we will get,

therefore, the inequality   describes all the possible lengths (x), in inches, of the ribbons jaime cut.

step-by-step explanation: