Answer:
(1) $11955.38
(2) $12228.62
(3) $12293.527
(4) $12326.6
Step-by-step explanation:
Compound interest is given by
A= P( 1 + r/n)^n*t
A= Final amount
P = initial amount = 6000
r = interest rate = 9% = 0.09
n = number of times interest applied per time period
t = number of time periods elapsed
(1) Compounded annually
n = 1 , t = 8
A = 6000( 1+ 0.09/1) ^1*8
A = 6000( 1.09) ^8 = $11955.38
(2) compounded quarterly
n = 4 , t = 8
A = 6000( 1+ 0.09/4) ^4*8
= 6000( 1.0225)^32 = $12228.62
(3) compounded monthly
n = 12 , t = 8
A = 6000( 1+0.09/12)^12*8 = $12293.527
(4) compounded continuously
A = P* e^rt
r = 0.09 , t = 8
= 6000* e^0.09*8
= 6000* e^0.72 = $12326.6
1cm : 3m
to get from 12m to 3m you have to divide by 4, so if:
3 x 4 = 12
then you do the same to the 1cm and you get:
1 x 4 = 4
Therefore:
1cm : 3m
4cm : 12cm
the model is 4cm
the answer is the above in bold
hope it helped :)
and sry if my explanation wasn't detailed enough or if i misunderstood the question
It is 9
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Answer:
Step-by-step explanation:
The manager visits a park and interviews people who are waiting to use the tennis courts.
