Answer: A = $1503.6
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 = 1000
r = 6% = 6/100 = 0.06
n = 1 because it was compounded once in a year.
t = 7 years
Therefore,.
A = 1000(1 + 0.06/1)^1 × 7
A = 1000(1.06)^7
A = $1503.6
Answer:
Step-by-step explanation:
the height is 2 but the width is missing can u pls tell us the area of it so we can find out what is the width. because without the area the width could be any number
Unless multiplayer plastic Container
Answer: 200 = m x 10 + 20
Step-by-step explanation:
She wants a balance of 200 with the same amount of money (m) going into the account for 10 weeks plus the amount she began with
Answer:
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Step-by-step explanation:
whats your question