Answer:
x
=
ln
(
3
)
7
ln
(
3
)
+
ln
(
7
)
Step-by-step explanation:
Answer: 19 units
Step-by-step explanation:
Count from A down then the left until you reach B.
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.