Answer: A = $1503.6
Step-by-step explanation:
We would apply the formula for determining compound interest which is expressed as
A = P(1 + r/n)^nt
Where
A = total amount in the account at the end of t years
r represents the interest rate.
n represents the periodic interval at which it was compounded.
P represents the principal or initial amount deposited
From the information given,
P = 1000
r = 6% = 6/100 = 0.06
n = 1 because it was compounded once in a year.
t = 7 years
Therefore,.
A = 1000(1 + 0.06/1)^1 × 7
A = 1000(1.06)^7
A = $1503.6
Answer:
The answer is 11
Step-by-step explanation:
4+3(12÷3)-7
4+3•4-7
4+12-7
16-7
9
The answers to your question would be A. Housing B. medical expenses C. Groceries
It is how much the x values can expand on a graph
Answer:
(B)
Step-by-step explanation:
First, we determine the height of the triangle which we label as y.
Using Pythagoras Theorem.
In the smaller right triangle with hypotenuse, x
Base = 7-3 =4 Units
Height, y= 24 Units
Therefore, applying Pythagoras Theorem.:
