Answer:
$14,277.80
Step-by-step explanation:
The standard formula for compound interest is given as;
A = P(1+r/n)^(nt) .....1
Where;
A = final amount/value
P = initial amount/value (principal)
r = rate yearly
n = number of times compounded yearly.
t = time of investment in years
For this case;
P = $7,400
t = 8 years
n = 4 (quarterly)
r = 9.5% = 0.095
Using equation 1.
A = $7,400(1+0.095/4)^(4×7)
A = $7,400(1.02375)^(28)
A = $7,400(1.929432606035)
A = $14,277.80
final amount/value after 8 years A =$14,277.80
Answer:
Step-by-step explanation:
length of the rectangle = 2.5 m
breadth of the rectangle = 1.6 m
Perimeter of rectangle = 2( l + b )
= 2 × 4.1
= 8.2 m
Hope this helps
plz mark as brainliest!!!!!
Answer:
https://classcalc.com/graphing-calculator/share/fJcbqPoXEobek5Lm6/untitled-calc
Step-by-step explanation:
x y=6x+12
-1 6
0 12
2 24
4 36
6 48
8 60
Answer:
Step-by-use mathawaystep explanation:
Answer:
c is the answer
Step-by-step explanation:
solution
therefore the equation is not true
