PLEASE HELP! I DONT KNOW HOW TO FACTOR !!! ---------------- Factor 2x+4
1 answer:
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Answer:
Step-by-step explanation:
Given that sale of grills increase 6% per year
CUrrent sale of grills this year = 3300
So in the first year sales would increase by 3300(6%)
Total sales in the I year =3300+3300(6%)
This will be again increasing by 6% in II year and so on.
Hence we have
every year 3300 increases by 6% compoundly
So
No of sales in t year
=
In 6th year sale
s(6) =
Answer:
$15,539.67
Step-by-step explanation:
Compound Interest Formula
where:
- A = final amount
- P = principal amount
- r = interest rate (in decimal form)
- n = number of times interest applied per time period
- t = number of time periods elapsed
Given:
- P = $11,000
- r = 5.8% = 0.058
- n = 4 (quarterly)
- t = 6 years
Substitute the given values into the formula and solve for A:
Therefore, the value of the investment after 6 years will be $15,539.67 to the nearest cent.