Answer:
$3456
Step-by-step explanation:
We are given;
- Money deposited (principle) as $2,700
- Rate of interest is 3.5%
- Time is 8 years
We are required to determine the amount that will remain after 8 years
- We first need to determine the interest earned after eight years using the simple interest formula.
Simple interest = (Principle × rate × interest periods) ÷ 100
Therefore;
Interest = ($2,700 × 3.5% × 8 yrs)÷ 100
= $756
Then determine the amount after 8 years
Amount = Principle + Interest
Therefore;
Amount = $2700 + $756
= $3,456
Therefore, the money in the account after 8 years is $3456
The graph doesn't even show the points of interest.
The average rate of change on that interval is 14.
Answer:
an exponential equation has the form y=ar^x where y=final amount, a=initial amount, r=rate, and x=time, in this case
y=200(1.18)^x
Step-by-step explanation:
Answer: 25 pounds
Step-by-step explanation:
1 pound = 16 oz
400 oz / 16 oz = 25 pounds
I am not a professional, I am simply using prior knowledge!
Note- It would mean the world to me if you could mark me brainliest!
