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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Answer:
90
Step-by-step explanation:
You would get 36 dollars from 90 liters.
The answer is in the photo.
Answer:
3^4 / 8^2 or 81/64
Step-by-step explanation:
(-8)^-2 / 3^-4 =
= 3^4 / (-8)^2
= 3^4 / 8^2
= 81/64
Answer:
x = 24
Step-by-step explanation:
y₂ - y₁
42 - 21 = 21
x + 21
3 + 21 = 24
So when y increases by 21, so does x.
x = 24
Four, -6 in terms of standard unit factors I NJ makes no sense