Answer: the value of the account at the end of 6 years is is $8577
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 = 6000
r = 6% = 6/100 = 0.06
n = 4 because it was compounded 4 times in a year.
t = 6 years
Therefore,.
A = 6000(1+0.06/4)^4 × 6
A = 6000(1+0.015)^24
A = 6000(1.015)^24
A = $8577
Answer:
7
Step-by-step explanation:
Answer:
(x+4)^2 + (y-9)^2 = 25
Step-by-step explanation:
We can use the equation (x-h)^2 + (y-k)^2 = r^2
where (h,k) is the center and r is the radius
The center is at (-4,9) and the diameter is 10 which means the radius is 10/2 or 5
(x- -4)^2 + (y-9)^2 = 5^2
(x+4)^2 + (y-9)^2 = 25
Answer: what do you mean
Step-by-step explanation:
