Answer: the value of the account after 6 years is $101559.96
Step-by-step explanation:
If $64,000 is invested in an IRA account, then
Principal = $64,000
So P = 64,000
The rate at which $64000 was compounded is 8%
So r = 8/100 = 0.08
If it is compounded once in a year, this means that it is compounded annually (and not semi annually, quarterly or others). So
n = 1
We want to determine the value of the account after 6 years, this means
time, t = 6
Applying the compound interest formula,
A = P(1 + r/n)^nt
A = amount after n number of years
A = 64000( 1 + 0.08/1)^1×6
A = 64000(1.08)^6
A= 64000×1.58687432294
A= 101559.956668416
Approximately $101559.96 to 2 decimal places
4 years old is the answer i think
Answer:
12
Step-by-step explanation:
So, she practices 12 hrs per week, and already has practiced 3 hrs this week.
This means she has 9 hrs left to practice.
3/4 of an hour is one session, so to find out the number of sessions she needs, you have to do (9 hours)/(one session)
which is basically 9 / ( 3/4)
She needs 12 more sessions.
I was stuck on the same thing in my class test. I ended up failing but if I get the answers to it I’ll totally send them to you
Step-by-step explanation:
your answer will be ( 2m-3n)(2m-n)
Explanation is in the attachment
hope it is helpful to you
hope it is helpful to you
