Answer:
Step-by-step explanation:
1000
We have been given that Nicolas has $6,500 to deposit into an account which earns 3.25% interest compounded annually. We are asked to find amount of interest earned at the end on 8 years.
We will use compound interest formula to solve our given problem.
, where,
A = Final amount,
P = Principal amount,
r = Annual interest rate in decimal form,
n = Number of times interest is compounded per year,
t = Time in years.






Now we will subtract principal amount from final amount to find amount of interest as:


Therefore, Nicolas would have earned $1895.25 in interest at the end of 8 years.
Answer:
https://jbarrueta.weebly.com/uploads/5/3/2/9/53297595/lesson2.2.2.pdf
Step-by-step explanation:
here's a link
Answer:
m is slope. slope is where it touches the y-axis so it would be "0"