Answer:
Total amount that Matthew's bank will receive is $10099.81.
Step-by-step explanation:
We need to find the amount Matthew's bank will receive after lending him $8,000 for four years at an interest rate of 6 percent, compounded annually.
The formula for compound interest is:

Where A = future value
P= Principal Amount
r = interest rate
and n= time
So in the question we are given:
P= $8000
r = 6% or 0.06
t = 4 (since 4 yeras compounded annually)
A= 8000*(1+0.06)^4
A= 8000*(1.06)^4
A= 10099.81
So, total amount that Matthew's bank will receive is $10099.81.
Answer:
12 miles per gallon
Step-by-step explanation:
I hope this helps
Answer:
all you have too do is 750*750 = 562,500
Step-by-step explanation:
i hope this helps and pleas give me a stare and a heart thank you so much if you do and if you do not still thank you
Answer:
The Volume of triangular prism
V = 450 cm³
Step-by-step explanation:
<u><em>Explanation</em></u>:-
Given The area of cross section of a prism A = 45cm²
and height (h) = 10 cm
The Volume of triangular prism
V = ( Base area X Height )
= 45 X 10
= 450 cm³
The Volume of triangular prism
V = 450 cm³