Answer:
$3007.26
Step-by-step explanation:
Step one:
given data
Principal= $2000
rate= 6%= 0.06
time= 7years
Required:
The final amount A
Step two:
the expression for the compound interest is

substituting we have

Answer:
A
Step-by-step explanation:
We are given a parabola with a vertex point of (2, 1) and a <em>y-</em>intercept of <em>y</em> = 4.
And we want to determine another point on the parabola.
Recall that a parabola is symmetric along the axis of symmetry, which is the <em>x-</em>coordinate of the vertex.
Note that since the <em>y-</em>intercept of the parabola is <em>y</em> = 4, this means that a point on our parabola is (0, 4).
To get from (2, 1) to (0, 4), we move two units left and three units up.
Since the parabola is symmetric along axis of symmetry, another point on the parabola will be two units right and three units up. This yields (2 + 2, 1 + 3) or (4, 4).
Our answer is A.