A answer of the explanation for the explanation is the answer
<em>Answer: </em>
<em>A = $7,350.00</em>
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<em>Step-by-step explanation:</em>
<em>Equation:</em>
<em>A = P(1 + rt)</em>
<em>First, converting R percent to r a decimal</em>
<em>r = R/100 = 9%/100 = 0.09 per year.</em>
<em>Putting time into years for simplicity,</em>
<em>30 months / 12 months/year = 2.5 years.</em>
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<em>Solving our equation:</em>
<em>A = 6000(1 + (0.09 × 2.5)) = 7350 </em>
<em>A = $7,350.00</em>
<em>The total amount accrued, principal plus interest, from simple interest on a principal of $6,000.00 at a rate of 9% per year for 2.5 years (30 months) is $7,350.00.</em>
<em>* Therefor, the answer is $7,350.00.</em>
<em>* Hopefully this helps:) Mark me the brainliest:)!!!</em>
Answer:
The next 3 steps are
Step 4:
Step 5:
Step 6:
Step-by-step explanation:
Given:
Quadratic Equation is
x² + 4x - 6 = 0
To Find:
x = ?
Solution:
Step 1: x2 + 4x = 6
Step 2: x2 + 4x + 4 = 6 + 4
Step 3: (x + 2)2 = 10
Step 4:
Step 5:
Step 6:
This can be solve using the formula:
F = P ( 1 + i)^n
where F is the money after n years
P is the initial amount of money
i is the annual interest rate
n is the time in years
since you deposit in 3 accounts P = 2200/3
F = ( 2200 / 3) ( 1 + 0.03)^6
F = $ 875.64 is the money each account earned after 6 years