Answer:
3.25 years (nearest hundredth)
Step-by-step explanation:
<u>Compound Interest Formula</u>
where:
- A = final amount
- P = principal amount
- r = interest rate (in decimal form)
- n = number of times interest applied per time period
- t = number of time periods elapsed
Given:
- A = $4916
- P = $4000
- r = 6.4% = 0.064
- n = 4 (quarterly)
Substitute the given values into the formula and solve for t:
Therefore, it will take 3.25 years (nearest hundredth) for the account to grow to $4916.
Learn more about compound interest here:
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brainly.com/question/27806277
Answer:
the graph will comes to within a arithmitics flow
Answer:
Infinite
Step-by-step explanation:
2(x-6)+2x=4(x-3) would turn into:
2x-12+2x=4x-12 which would turn into:
4x-12=4x-12 then you could keep going if you wanted:
add 12 to both sides and subtract 4x from both sides:
0=0 (and zero does equal zero so it is unlimited solutions)
Answer:
6%
Step-by-step explanation:
Answer:
Graph is below
Inverse: y=x/4 -2
y=x/4 -2
x=y/4 -2
x=y/4 -2 for y
Answer: y=4x+8
Step-by-step explanation: