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3 years ago

Please now is urgent

Mathematics

1 answer:

professor190 [17]3 years ago

7 0

Answer:

$15m^2+3$

Step-by-step explanation:

7 - 4 = 3

To add the m^2 you just add the first numbers together.

9m^2 + 6m^2 = 15m^2

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Step-by-step explanation:

The rule of the future value of the compound interest is:

$FV=P(1+\frac{r}{n})^{nt}$ , where

1. P is the invested money

2. r is the rate of interest in decimal

3. n is the period of compound interest

4. t is the time

Marcus receives an inheritance of 6,000 he decides to invest the

money in a 14-year certificate of deposit that pays 6.5% interest

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We need to find how much money Marcus will receive at the end of

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∵ P = $6000

∵ r = 6.5% = 6.5/100 = 0.065

∵ n = 12 ⇒ compounded monthly

∵ t = 14

Substitute these values in the rule above

∴ $FV=6000(1+\frac{0.065}{12})^{(12)(14)}$

∴ FV = $14869.38

Marcus will receive $14869.38 at the end of the 14 years

Learn more;

You can learn more about compound interest in brainly.com/question/4361464

#LearnwithBrainly

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