Answer: the value of the account after 6 years is $101559.96
Step-by-step explanation:
If $64,000 is invested in an IRA account, then
Principal = $64,000
So P = 64,000
The rate at which $64000 was compounded is 8%
So r = 8/100 = 0.08
If it is compounded once in a year, this means that it is compounded annually (and not semi annually, quarterly or others). So
n = 1
We want to determine the value of the account after 6 years, this means
time, t = 6
Applying the compound interest formula,
A = P(1 + r/n)^nt
A = amount after n number of years
A = 64000( 1 + 0.08/1)^1×6
A = 64000(1.08)^6
A= 64000×1.58687432294
A= 101559.956668416
Approximately $101559.96 to 2 decimal places
Graph K. This is because the cost of a gallon of milk is not increasing constantly, as in a linear rate, but it has only increased a few times in a year. Therefore, graph K shows that a gallon of milk is a steady, unchanged price, then the cost rises and stays the same, then rises again and stays the same. So, it is not a linear graph because the cost of the milk is not going up at a constant rate.
<h2><em>
h≥60</em></h2>
This is saying that your height has to be equal to or greater than 60 inches.
Answer:
times it by pi
Step-by-step explanation:
