Future amount after 6 years will be: $10720.76
Step-by-step explanation:
Principal = $8000
Interest= 5% compounded annually
Time = 6 years
We need to find A (future amount)
The formula used is:

A= Future amount
P= Principal amount
r= interest rate
n= no of times interest is applied
t= time
Putting values and finding A
P=8000. r=0.05, n=1, t=6

So, Future amount after 6 years will be: $10720.76
Keywords: Compound Interest
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Answer: it is 6
Step-by-step explanation: because they are the same length.
Answer:
Step-by-step explanation:
3/2x simplified
combine the fractions by finding a common denominator