After 6 years the investment is $5555.88
Step-by-step explanation:
A principal of $3600 is invested at 7.5% interest, compounded annually. How much will the investment be worth after 6 years?
The formula used to find future value is:
where A(t) = Accumulated amount
P = Principal Amount
r = annual rate
t= time
n= compounding periods per year
We are given:
P = $3600
r = 7.5 %
t = 6
n = 1
Putting values in formula:
So, After 6 years the investment is $5555.88
Keywords: Compound Interest formula
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Answer:
b ) a loan given for a short period of time that is not dependent on credit history
Step-by-step explanation:
:) enjoy
Hello!
P = 2,1cm + 2,1cm + 1cm + 3,3cm + 1cm => P = 4,2cm + 1cm + 3,3cm + 1cm => P = 5,2cm + 3,3cm + 1cm => P = 8,5cm + 1cm => P = 9,5cm
Answer: D. 9,5cm
Good luck! :)
Answers:Part A: The value of x is 0.Part B: X can be any real number.
In Part A, you have to first evaluate 7^2. This is 49. Now, write the equation 49^x = 1. We know that if you raise any number to 0, then the answer is 1.
In Part B, you have to first evaluate 7^0, that is 1. Now, we have the equation 1^x = 1. In this case, 1 raised to any exponent is still only 1. Imagine 1^17, this would be 1 times itself 17 times or just 1.
Therefore any number will work in Part B.
144 inches. 12 feet in one hour
12 inches per feet
12feet x 12 inches per foot= 144 inches
