Answer:
$14,277.80
Step-by-step explanation:
The standard formula for compound interest is given as;
A = P(1+r/n)^(nt) .....1
Where;
A = final amount/value
P = initial amount/value (principal)
r = rate yearly
n = number of times compounded yearly.
t = time of investment in years
For this case;
P = $7,400
t = 8 years
n = 4 (quarterly)
r = 9.5% = 0.095
Using equation 1.
A = $7,400(1+0.095/4)^(4×7)
A = $7,400(1.02375)^(28)
A = $7,400(1.929432606035)
A = $14,277.80
final amount/value after 8 years A =$14,277.80
Answer:0.001
x=the number of workers taking the bus to work
p= probability of success =(15/100) = 0.15
q= probability of failure =1- p = 0.85
P(X=6) = 10C6(0.15)^6(0.85)^4
= 0.001
From 9 P.M. to 5 A.M. the temperature dropped 20°, making the rate over 8 hours, -2.5° Per Hour. By 5 A.M., the temperature is -5° since we had to do 15 - 20. From 5 AM to 5 P.M. is 12 hours so -2.5 x 12 = -30 making 30 how much the temperature dropped between 5 A.M. to 5 P.M. Finally, our last equation is -5 - 30 making -35 our answer.
There would be no solution.
The degree is 4 because it is the largest exponent out of all the variables.