<span><span>In most statistical models
to represent easy percentages, circle is mostly preferred. It is purposefully
designed or rather allotted for functions that included 100%. A pie chart in
technical terms. Imagine an uneaten cake would
represent a 100%. </span></span>In most case scenarios,
when you eat one slice of the cake. You take a portion that decreases it 100%
or a whole presentation, for instance you took 25% slice of cake, what’s left
will be 75% and then when you put back again, the 25% slice will present the
whole 100%. In words, 25% slice of a cake you take, what’s left will just a
portion 75% and unless you put it back it will be whole again.
The common denominator is 40.
Answer:
$9,812.29
Step-by-step explanation:
The amount in Jeremy's account can be computed using the compound interest formula.
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<h3>account value</h3>
The formula for the value of an account earning compound interest at annual rate r, compounded n times per year for t years is ...
A = P(1 +r/n)^(nt)
where P is the principal invested.
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<h3>formula application</h3>
When P=$8500, r=0.024, n=4, t=6, the formula becomes ...
A = $8500(1 +0.024/4)^(4·6) = $8500(1.006^24) ≈ $9812.29
There will be $9,812.29 in this account after 6 years.
