The answer to this question is side KL
Answer: the value of the account at the end of 6 years is is $8577
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 = 6000
r = 6% = 6/100 = 0.06
n = 4 because it was compounded 4 times in a year.
t = 6 years
Therefore,.
A = 6000(1+0.06/4)^4 × 6
A = 6000(1+0.015)^24
A = 6000(1.015)^24
A = $8577
Answer:
18360
Step-by-step explanation:
A = P (1 + r/n)^(nt) where A is the amount in the account, P is the principle, r is the interest rate , n is the times compounded per year, t is the number of years
A = 17000 (1 + .08/1)^(1*1)
A = 17000( 1.08)^1
A = 18360
Answer:
C: 200
Step-by-step explanation:
Just multiply 12.5 x 8 x 2 to get the answer.
Answer:
7
Step-by-step explanation:
Since 9 and 11 do not factor 35, they are not the answer.
5 is a factor of 35, but not the largest. So, the answer is 7.
