Answer: use desmos graphing calculator
Step-by-step explanation:
Answer:
$9,812.29
Step-by-step explanation:
The amount in Jeremy's account can be computed using the compound interest formula.
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<h3>account value</h3>
The formula for the value of an account earning compound interest at annual rate r, compounded n times per year for t years is ...
A = P(1 +r/n)^(nt)
where P is the principal invested.
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<h3>formula application</h3>
When P=$8500, r=0.024, n=4, t=6, the formula becomes ...
A = $8500(1 +0.024/4)^(4·6) = $8500(1.006^24) ≈ $9812.29
There will be $9,812.29 in this account after 6 years.
Hello from MrBillDoesMath!
Answer:
1/5
Discussion:
$12000 * (1/5) = $2400
$12000 * ( 1/10) = $1200
As 2400 > 1200, (1/5) is the best way to go
Thank you,
MrB
Answer:
So about 0.76 (0.755)
Step-by-step explanation:
So first find the square root of -24
you;ll get abut 4.9
Now 8-4.9
3.1
3.1/4
0.755
Round
0.76