3)Principal Amount = P = $7200
Interest rate = r = 4% = 0.04
Time = t = 8 years
Formula for compounding is:

Using the values, we get:

Therefore, the compounded amount will be $9853.70
4)Principal Amount = P = $7200
Compounded Amount = A = $9853.70
Interest Earned = Compounded Amount - Principal Amount
So,
Interest Earned = 9853.70 - 7200 = $2653.70
Therefore, $2653.70 will be earned as interest over a period of 8 years.
Answer:

Step-by-step explanation:
Step 1: Expand by distributing sum groups.

Step 2: Expand by distributing terms.

Step 3: Expand by distributing terms.

Step 4: Collect like terms.

Step 5: Simplify.

(3, -4) is on the line because the equation is point-slope equation where the point (x1, y1) is;
y - y1 = m(x- x1)
Answer:
10 cents more
Step-by-step explanation:
37.20/12=3.1
18/6=3
0, 12, 36, 108
just plug n (1,2,3,4) into the equation and that’s your answer.