Step-by-step explanation:
10^2 = 100
10^-2 = 1/100 ➡ 0.01
Answer: the value of the account at the end of 6 years is is $8577
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 = 6000
r = 6% = 6/100 = 0.06
n = 4 because it was compounded 4 times in a year.
t = 6 years
Therefore,.
A = 6000(1+0.06/4)^4 × 6
A = 6000(1+0.015)^24
A = 6000(1.015)^24
A = $8577
Answer:
1/18 ?
Step-by-step explanation:
I'm not sure if you're written the whole question?
3 pans with 6 muffins in each pan, so total number of muffins = 3 x 6 = 18
So each muffin is 1/18
So if in 1/4 of an hour 75 gallons are pumped you would multiply 75 by four which will give you 300. This means 300 gallons are pumped in an hour
