here's the solution,
- n = 11
- a = 5 ( a = first term )
- d = 6 ( d = common difference )
we know,
=》
=》
=》
=》
=》
nth term ( 11th term ) = 65
Answer: the value of the account after 6 years is $101559.96
Step-by-step explanation:
If $64,000 is invested in an IRA account, then
Principal = $64,000
So P = 64,000
The rate at which $64000 was compounded is 8%
So r = 8/100 = 0.08
If it is compounded once in a year, this means that it is compounded annually (and not semi annually, quarterly or others). So
n = 1
We want to determine the value of the account after 6 years, this means
time, t = 6
Applying the compound interest formula,
A = P(1 + r/n)^nt
A = amount after n number of years
A = 64000( 1 + 0.08/1)^1×6
A = 64000(1.08)^6
A= 64000×1.58687432294
A= 101559.956668416
Approximately $101559.96 to 2 decimal places
Answer:
2/-7
Step-by-step explanation:
Formula for slope given two points is attached.
1) Plug the points into the slope formula:
(-6+8)/(7-14)
2) Simplify:
2/-7
Answer:
She should have multiplied by 4, not divided
Step-by-step explanation:
Given
- 11 = 13 ( add 11 to both sides ) ← correct
= 24 ( multiply both sides by 4 to clear the fraction )
H = 4 × 24 = 96
H is divided by 4, thus the inverse operation is to multiply
Answer:
x=39
Step-by-step explanation:
I can explain later but I know you have a time limit right now.
