Answer: the value of the account at the end of 6 years is is $8577
Step-by-step explanation:
We would apply the formula for determining compound interest which is expressed as
A = P(1+r/n)^nt
Where
A = total amount in the account at the end of t years
r represents the interest rate.
n represents the periodic interval at which it was compounded.
P represents the principal or initial amount deposited
From the information given,
P = 6000
r = 6% = 6/100 = 0.06
n = 4 because it was compounded 4 times in a year.
t = 6 years
Therefore,.
A = 6000(1+0.06/4)^4 × 6
A = 6000(1+0.015)^24
A = 6000(1.015)^24
A = $8577
2.25 is the elevation of the plane before its decent
Answer:
3/5 + 7/10 = 6/10 + 7/10 = 13/10 = 1 and 3/10 lbs. needed
She has 4/5 *3/1 bags = 12/5 = 2 and 2/5 pounds
2 2/5 - 1 3/10 = 2 4/10 - 1 3/10 = 1 and 1/10 pounds left over
