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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Step-by-step explanation:
1.5 : 2.5
= 1.5/2.5
15/25
3/5
the ratio is 3 : 5
answers B and D are clearly wrong and if u do some simple thinking you can determine the answer is C...
Have a fantabulous day! :)
Answer:
a.) Total distance Julie cover = 128 feet
b.) Total area , the playground cover = 256 ft²
Step-by-step explanation:
P. S : The exact question is -
As given,
Length of 1 side = 16 feet
As , we have
4 sides of same length
⇒ Total length of playground = 16 + 16 + 16 + 16 = 16(4) = 64 feet
a.)
As given Julie does 2 lap of the playground
⇒ Total distance Julie cover = 64 + 64 = 128 feet
b.)
As the playground has equal side, so it must be of square shape
And, we know
Area of square = (Length of one side)²
= ( 16 )² = 256 ft²
∴ we get
Total area , the playground cover = 256 ft²