Answer:
B is correct I hope this helps.
After 6 years the investment is $5555.88
Step-by-step explanation:
A principal of $3600 is invested at 7.5% interest, compounded annually. How much will the investment be worth after 6 years?
The formula used to find future value is:

where A(t) = Accumulated amount
P = Principal Amount
r = annual rate
t= time
n= compounding periods per year
We are given:
P = $3600
r = 7.5 %
t = 6
n = 1
Putting values in formula:

So, After 6 years the investment is $5555.88
Keywords: Compound Interest formula
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Answer:
yes.
Step-by-step explanation:
write these ratios as fractions to see if they are proportional
3/4
9/12 -------> this can be simplified by dividing by 3
= 3/4
therefore yes they are equivalent
Total number of bulbs = 64
Number of defective bulbs = 10
Number of good bulbs = 64 - 10 = 54
P(5 good bulbs) = (54/64)⁵ = (27/32)⁵ = 0.428
Answer: 0.428
Answer:
a
Step-by-step explanation: