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Rashid [163]
3 years ago
14

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

Mathematics
1 answer:
Lapatulllka [165]3 years ago
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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Can Someone Help. ?
Elanso [62]

Answer:

6

Step-by-step explanation:

I think its 6 times greater because the length was tripled and the width was doubled thus : 3 * 2 = 6

HOPE THIS HELPED

8 0
3 years ago
Can anyone help me ? I just need the numbers
Nimfa-mama [501]

Answer:

<em>(-6, 0) and  (0, 1.5)</em>

<em></em>

Step-by-step explanation:

The equation of the line in pint slope form is expressed as;

y-y0= m(x-x0)

m is the slope

(x0, y0) is the point on the line

Given

m = 1/4

(x0, y0) = (6,3)

Substitute into the formula;

y - 3 =  1/4(x-6)

4(y-3) = x - 6

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4y - x = -6+12

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x = 4y - 6

To get the points to plot, we will find the x and y-intercept of the resulting expression.

For the x-intercept,

at y = 0

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x = -6

Hence the x-intercept is at (-6, 0)

For the y-intercept,

at x = 0

0 = 4y - 6

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y = 6/4

y = 3/2

y = 1.5

Hence the y-intercept is at (0, 1.5)

<em>Hence the required points to plot to get the required line are  (-6, 0) and  (0, 1.5)</em>

<em></em>

7 0
3 years ago
Which exponential function goes through the points (1, 8) and (4, 64)?
Mama L [17]
An exponential function can be expressed as:

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64/8=(ab^4)/(ab^1)

8=b^3

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y=4(2^x)
6 0
3 years ago
Question 2 of 5
Tanzania [10]
B. 47


Hope this helps!!!
7 0
2 years ago
Read 2 more answers
Can someone explain how to solve this?
Irina18 [472]

Answer:

(-8,8)

Step-by-step explanation:

Simplify |n| + 4 < 12.  To do this, subtract 4 from both sides.  This results in:

|n| < 8.  The solution set includes all real numbers between -8 and 8, but not -8 itself or 8 itself.

3 0
3 years ago
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