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Dominik [7]
3 years ago
7

9 over 6 as a percent

Mathematics
2 answers:
stiv31 [10]3 years ago
8 0
150%. since you already have 6, that's 100%. the extra 3 is half of the 6, meaning that it would be 50%
Ksenya-84 [330]3 years ago
4 0
Simple 9/6 = 1.5
Multiply 1.5 by 100 and you get 150% as your answer.
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A principal of $3600 is invested at 7.5% interest, compounded annually. How much will the investment be worth after 6 years?
zaharov [31]

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:

A(t)=P(1+\frac{r}{n})^{nt}

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:

A(t)=P(1+\frac{r}{n})^{nt}\\A(t)=3600(1+\frac{0.075}{1})^{6*1}\\A(t)=3600(\frac{1.075}{1})^6\\A(t)=3600(1.075)^6\\A(t)=3600(1.543)\\A(t)=5555.88

So, After 6 years the investment is $5555.88

Keywords: Compound Interest formula

Learn more about Compound Interest formula at:

  • brainly.com/question/4361464
  • brainly.com/question/12773544
  • brainly.com/question/2869849

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