Answer: $187 will be in the account after 6 years.
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 = $100
r = 11% = 11/100 = 0.11
n = 1 because it was compounded once in a year.
t = 6 years
Therefore,.
A = 100(1 + 0.11/1)^1 × 6
A = 100(1 + 0.11)^6
A = 100(1.11)^6
A = $187
Answer:
times -6
Explanation... 2 x 10-6 x -6=56
6 x 10-4=56
Hope this helps
Least to greatest: 0.7 0.9 0.73 0.81
Answer:
24
Step-by-step explanation:
definition of coefficient: a numerical or constant quantity placed before and multiplying the variable in an algebraic expression (e.g. 4 in 4x y)
