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:
Step-by-step explanation:
The parameter in this hypothesis test describes the entire population. So in this test, the parameter is looking into the summary number for instance like an average of all overweights who after undergoing this pattern/daily habits exhibits weight loss.
Answer:
Answer:
B
Step-by-step explanation:
Answer:
1080
Step-by-step explanation:
648x2=1296÷3=432+648=1080
