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3 years ago

7

6,000 is invested in an account that earns 4.5% annual interest, compound quarterly. What is the value of the account after 8 ye

ars?

2 answers:

vampirchik [111]3 years ago

8 0

Your answer is 8,582.71

Contact [7]3 years ago

6 0

Answer:

The value of account after 8 years is $8580

Step-by-step explanation:

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Ksivusya [100]

Answer:

$y = 3x - 6$

Step-by-step explanation:

A linear function has the following format:

$y = ax + b$

In which a is the slope(rate of change) and b is the y-intercept, that is, the value of y when x = 0.

Rate of change of 3

This means that $a = 3$

So

$y = 3x + b$

A solution at (6, 12).

This means that when x = 6, y = 12. So

$y = 3x + b$

$12 = 3*6 + b$

$b = -6$

The linear function is:

$y = 3x - 6$

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Step-by-step explanation:

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