Answer:
The company's profit in 2007 was 11.088 millions
Step-by-step explanation:
This is a compound interest problem where the initial amount is 8.8 million, the interest rate is 6% and the time period is 4 years and it gets compounded yearly. So we can use the compound interest formula, that is given by:
A = P*(1 + r/n)^(n*t)
Where A is the final amount, P is the initial amount, r is the rate, t is the total amount of time and n is the number of times it gets compounded in one year. We can now use all the values that were given to us to find out the profit of the company.
A = 8.8*(1 + (0.06))^(4) = 8.8*(1.06)^16
A = 8.8*1.26 = 11.088 millions
So the company's profit in 2007 was 11.088 millions
Answer:
A
Step-by-step explanation:
Answer:
I think it is yes.
Step-by-step explanation:
x² + 8x + 8 = 0
x² + 8x + 8 + 8 = 0 + 8
x² + 8x + 16 = 8
x² + 4x + 4x + 16 = 8
x(x) + x(4) + 4(x) + 4(4) = 8
x(x + 4) + 4(x + 4) = 8
(x + 4)(x + 4) = 8
(x + 4)² = 8
