Future amount after 6 years will be: $10720.76
Step-by-step explanation:
Principal = $8000
Interest= 5% compounded annually
Time = 6 years
We need to find A (future amount)
The formula used is:

A= Future amount
P= Principal amount
r= interest rate
n= no of times interest is applied
t= time
Putting values and finding A
P=8000. r=0.05, n=1, t=6

So, Future amount after 6 years will be: $10720.76
Keywords: Compound Interest
Learn more about Compound Interest at:
#learnwithBrainly
All u have to do is subtract both of the temps and then u will have to answer
Answer:
It is the first choice.
Step-by-step explanation:
This is a sequence where
the next term is obtained by adding 6.
first term = -9 + 6(0) = -9
second term = -9 + 6(1) = -3
third term = -9 + 6(2) = 3
4th term = -9 + 6(3) = 9
and 81 = -9 + (6*15).
So the answer is Sigma (-9 + 6n) from n= 0 to n = 15.
Answer:
The answer should be 1.44