Answer:
Step-by-step explanation:
We would apply the formula for determining compound interest which is expressed as
A = P(1+r/n)^nt
Where
A = total amount in the account at the end of t years
r represents the interest rate.
n represents the periodic interval at which it was compounded.
P represents the principal or initial amount deposited
From the information given,
P = $470
r = 6% = 6/100 = 0.06
n = 1 because it was compounded once in a year.
Therefore, the equation used to determine the value of his bond after t years is
A = 470(1 + 0.06/1)^1 × t
A = 470(1.06)^t
Answer:
n = -5/13
Step-by-step explanation:
-8+4(1+5n)=-6n-14 (from PEDMAS, expand parenthesis first)
-8+1(4) +5n(4)=-6n-14
-8+4 +20n=-6n-14
-4 + 20n = -6n -14 (add 6n to both sides)
-4 + 20n + 6n = -14
-4 + 26n = -14 (add 4 to both sides)
26n = -14 + 4
26n = -10 (divide both sides by 26)
n = -10/26 = -5/13
George Washington..was the first president
