After 6 years the investment is $5555.88
Step-by-step explanation:
A principal of $3600 is invested at 7.5% interest, compounded annually. How much will the investment be worth after 6 years?
The formula used to find future value is:

where A(t) = Accumulated amount
P = Principal Amount
r = annual rate
t= time
n= compounding periods per year
We are given:
P = $3600
r = 7.5 %
t = 6
n = 1
Putting values in formula:

So, After 6 years the investment is $5555.88
Keywords: Compound Interest formula
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<u><em>10 2/7 ÷ 3/14</em></u> First Write The Equation
<u><em>72/7 ÷ 3/14</em></u> Use KCF which is Keep, Change, and Flip
<u><em>1008/21</em></u> Use Division Of Equality
<u><em>Answer: 48</em></u>
Answer:
Step-by-step explanation: 32
Answer:
C
Step-by-step explanation:
Null hypothesis: hypthesis to test that there is no significant difference between the specific characteristic of a population. Analysts look to reject a null hypothesis
A. the shipping company's average delivery time is different from 3 days. This is an example of alternative hypothesis. Null hypothesis is writtien as a claim
B. This again is an example of alternate hypthesis. The claim that mean is 0.03 is rejected with the results
C. This is a claim
D. This is rejection of a claim that mean is 1 pound
E. This is rejection of claim that average delivery time is 3 days.
Answer:multiply
Step-by-step explanation:6x4 but i aint sure tho