Answer:
The amount after 4 years = $ 16198.87
Step-by-step explanation:
Points to remember
Compound interest
A = P[1 + R/n]^nt
Were A - Amount
P - Principle
R - Rate of interest
t - Number of years
n - Number of times compounded
<u>To find the amount</u>
Here P = $11,800, R = 8% = 0.08, t = 4 years and n = 4 times
A = P[1 + R/n]^nt
= 11800[1 + 0.08/4]^(4 * 4)
= 16198.87
Therefore amount after 4 years = $ 16198.87
Answer: 6
Step-by-step explanation:
You are correct, the profit is modeled by:
-0.1t² + 6t + 67
We are also told that "t" is the number of years after 2010. So in 2016, the value of t will be 6. We substitute this into the equation we formed:
-0.1(6²) + 6(6) + 67
= 106.6 thousand dollars
The answer would be 13 1/2 because you turn the 12 into a fraction then change the division sign into a multiplication sign and find the reciprocal of 8/9 which is 9/8 you could now divide 12/1 divided by 9/8 you could cross simply then dove to get 27/2 and in the end you get 13 1/2 if you turn the improper fraction into a mixed number.
