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: $6197.77 would be the right answer
hope it helps :]
Answer:
The numbers are 12 and 3.
Step-by-step explanation:
12+3=15
&
3×12= 36
:)
Recall your d = rt, distance = rate * time
thus

notice, the first car leaves at "x" time, the other leaves on hour later, or x + 1
the first car travels some distance "d", whatever that is, thus
the second car, picks up the slack, or the difference, they're 380 miles
apart, thus the difference is 380-d