Answer:
Total amount that Matthew's bank will receive is $10099.81.
Step-by-step explanation:
We need to find the amount Matthew's bank will receive after lending him $8,000 for four years at an interest rate of 6 percent, compounded annually.
The formula for compound interest is:

Where A = future value
P= Principal Amount
r = interest rate
and n= time
So in the question we are given:
P= $8000
r = 6% or 0.06
t = 4 (since 4 yeras compounded annually)
A= 8000*(1+0.06)^4
A= 8000*(1.06)^4
A= 10099.81
So, total amount that Matthew's bank will receive is $10099.81.
Answer:
Page 44? you mean
Step-by-step explanation:
Answer:
A&D
Step-by-step explanation:
8% of something is the same thing as 8% times that. If we use that, we get the answers A and D
Answer:
Rs 175
Step-by-step explanation:
Suppose the cost is x and at Rs150 the loss is 150-x (this should be a negative number).
At Rs200, the profit is 200-x.
So we have an equation: minus 150 minus x is equal to 200 minus x.
To solve the equation, the cost price X is Rs175.
As a variable in algebra, but variables can be any letter. An expression ... Evaluate each expression if x. 2, y. 7, and z. 4. 1. x y z. 2. (z x) y. 3. 2x z. 4. 4y. 3z. 5. 4(x y) z. 6. ... The order in which numbers are multiplied does not the sum. ..... Find the quotient of 110 and 11. Solve each equation. 11. t. 72 6. 12. 84 6 p. 13. 40 (8) f.[PDF]