Answer:
$14,277.80
Step-by-step explanation:
The standard formula for compound interest is given as;
A = P(1+r/n)^(nt) .....1
Where;
A = final amount/value
P = initial amount/value (principal)
r = rate yearly
n = number of times compounded yearly.
t = time of investment in years
For this case;
P = $7,400
t = 8 years
n = 4 (quarterly)
r = 9.5% = 0.095
Using equation 1.
A = $7,400(1+0.095/4)^(4×7)
A = $7,400(1.02375)^(28)
A = $7,400(1.929432606035)
A = $14,277.80
final amount/value after 8 years A =$14,277.80
21 hundreds would be 2100
Answer:
<em>1885.5 m^3 of water</em>
<em></em>
Step-by-step explanation:
I'll assume this is the complete question
<em>Lauren has an above-ground pool. To keep the pool's skimmer working well, the water level must be 4 inches from the top of the pool. When the pool is filled to this recommended level, approximately how many cubic feet of water will it contain? Use π = 3.14
</em>
<u><em>The pool forms</em></u><em> a cylinder with a radius of 12 feet and a height of 4.5 feet.</em>
<em></em>
height of pool = 4.5 ft
radius of pool
= 12 ft
height of water is 4 inches below pool top
<em>12 inches make 1 ft</em>
4 inches = 4/12 ft = 0.33 ft
Therefore, height of water = 4.5 - 0.33 = 4.17 ft
<em>volume of the water in this section of the cylinder will be equal to the volume of the cylinder formed</em>
volume of cylinder formed by the water = volume of water = π
h
volume = 3.14 x
x 4.17 = <em>1885.5 m^3 of water</em>