We have been given that in an account an amount of 7,650 is invested at 9.15 percent compounded quarterly for 8 years and 6 months.
We will use compound interest formula to find our answer.
,
Where, P= principle amount, A= amount after T years, n= period of compounding and r = interest rate (decimal).
Let us substitute our given values in our formula.
Therefore, after 8 years and 6 months our amount will be 16505.497.
Answer:
2
Step-by-step explanation:
No (unless you're talking about a whole number), for example...
0.2^2 = 0.04
Answer:
The solution is the <u><em>answer </em></u>or the number <u><em>behind the = sign</em></u>
EX::6x+4 (x=7) 6(7)+4=46....46 would be the <u><em>solution</em></u>
Answer:y=-1/2x+3
Step-by-step explanation:
y=-1/2x+3
Bc any slope that is the same as the line is parallel.
So if you count, 1 up and two to the left.