Use the compound interest formula.
Let A = the ending amount
Let P = the principal
Let r = the interest rate
Let n = the amount compounded a year
Let t = time
A = P(1 + r/n) ^(n/t)
Substitute your numbers in
A = $7,000(1 + 0.06/4)^(4/7)
Solve for A
A = $7,059.81
Answer:
she will earn $6,657 in interest in 3 years
Answer:
6:9 ÷3
2:3
Step-by-step explanation:
1st write the ratio then simplify it with dividing with the Highest common factor on both sides
