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Grace [21]
3 years ago
9

Becky put $100 into in the account to use for school expenses. The account earns 11% interest, compounded annually. How much wil

l be in the account after 6 years?
Mathematics
1 answer:
Mnenie [13.5K]3 years ago
5 0

Answer: $187 will be in the account after 6 years.

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 = $100

r = 11% = 11/100 = 0.11

n = 1 because it was compounded once in a year.

t = 6 years

Therefore,.

A = 100(1 + 0.11/1)^1 × 6

A = 100(1 + 0.11)^6

A = 100(1.11)^6

A = $187

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<em>Comment on the question</em>

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7 0
3 years ago
Find the slope of the line.
Sindrei [870]

Answer:

(-1,1)

Step-by-step explanation:

7 0
2 years ago
Write the equation of the line that is parallel to y=-0.75x and that passes through the point (8,0)
Mila [183]

Equation of line parallel to y = -0.75x that passes through (8,0) is: y = -0.75x-6

Step-by-step explanation:

Given equation of line is:

y=-0.75x

The coefficient of x is the slope of the line so the slope of given line is: -0.75

As parallel lines have equal slopes so the required equation of line will have the same slope.

The slope-intercept form is:

y = mx+b

Putting the value of the slope

y = -0.75x+b

To find the value of b, putting the point in the equation

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Putting the values of m and b, we get

y = -0.75x-6

Hence,

Equation of line parallel to y = -0.75x that passes through (8,0) is: y = -0.75x-6

Keywords: Equation of line, Slope-intercept form

Learn more about equation of line at:

  • brainly.com/question/10435816
  • brainly.com/question/10435836

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4 0
3 years ago
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This means that Chad needs to buy 5 of the 2 pound bags to fill 12 of the 5/6 pound bags, and he will not have peanuts leftover

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