3)Principal Amount = P = $7200
Interest rate = r = 4% = 0.04
Time = t = 8 years
Formula for compounding is:

Using the values, we get:

Therefore, the compounded amount will be $9853.70
4)Principal Amount = P = $7200
Compounded Amount = A = $9853.70
Interest Earned = Compounded Amount - Principal Amount
So,
Interest Earned = 9853.70 - 7200 = $2653.70
Therefore, $2653.70 will be earned as interest over a period of 8 years.
<h2>Volume = 4.19 inches³</h2>
<u>Step-by-step explanation:</u>
radius = 1 inches
π = 3.14
volume of SPHERE = 4/3 × π × radius³
= 4/3 × 3.14 × 1³
= 4.19 inches³
Answer:
Answer is after 20 miles
Step-by-step explanation:
10 +2.5x = 3x
10 = 3x-2.5x
10=0.5x
10/.5=x
x=20
At 20 miles they both have a cost of 60