3 years ago

Aaron deposits $8,000 into an account that earns 3% interest, compounded Annually. How much money will he have after 4 years

1 answer:

4 0

The equation used for this problem is

F = P(1+i)ⁿ
where
F is the future worth
P is the present worth
i is the effective interest rate
n is the number of years

Substituting the values,

F = <span>$8,000(1 + 0.03)</span>⁴
F = $9,004.07

Thus, after 4 years, Aaron will have $9,004.07.

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Irina-Kira [14]

1. V = lwh
V = (8)(4)(5)
V = (32)(5)
V = 160 units³

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V = (4)(2)(1) + (3)(1)(1)
V = (8)(1) + (3)(1)
V = 8 + 3
V = 11 units³

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3 years ago

Solve the equation for w<br> 7w + 18 = 10w + 24

DochEvi [55]

Answer:

The answer is -2.

Step-by-step explanation:

7w + 18 = 10w + 24

7w = 10w + 6

-3w = 6

w = -2

6 0