An investment of $2500 is put into a bank that has an annual rate of 6% compounded
monthly. Find the balance after 20 years

$8017.84

Step-by-step explanation:

Because it is compounded annually, you have to use the formula

A= P(1+r)^t

(A is the future balance after t years, r is the % rate as a decimal, P is the starting amount -- the principal.)

So,

A = 2500(1 + 0.06)^20  (First, add inside the parentheses)

A = 2500(1.06)^20 (Then, do the exponent and the multiplication with a calculator)

A = 8017.84

g = (2, 2)

step-by-step explanation:

given the ratio is 1 : 1 then f is the midpoint of eg

let the coordinates of g = (x, y)

using the midpoint formula

(0 + x) = 1 ( multiply both sides by 2 )

0 + x = 2 ⇒ x = 2

similarly

(4 + y) = 3 ( multiply both sides by 2 )

4 + y = 6 ( subtract 4 from both sides )

y = 2

coordinates of g = (2, 2)

equal to

step-by-step explanation: