Answer:
B. $14,984
Step-by-step explanation:
The multiplier is ...
(1 +r/n)^(nt) . . . . where r is the nominal annual rate, n is the number of times interest is compounded per year, and t is the number of years.
Here, that multiplier is ...
(1 +.08/2)^(2·8) = 1.04^16 ≈ 1.87298
Then Lana will be paying Tina ...
$8000×1.87298 ≈ $14984
at the end of 8 years.
The value after 20 years is $ 723.514
<em><u>Solution:</u></em>
<em><u>Formula for Amount compounded annually is as follows:
</u></em>
![\mathrm{A}=P\left(1+\frac{r}{100}\right)^{n}](https://tex.z-dn.net/?f=%5Cmathrm%7BA%7D%3DP%5Cleft%281%2B%5Cfrac%7Br%7D%7B100%7D%5Cright%29%5E%7Bn%7D)
Where,
"A" is the total amount
"p" is the principal sum
"r" is the rate of interest
"n" is the number of years
From given question,
p = $ 300
r = 4.5 %
n = 20 years
Substituting the values we get,
![\begin{aligned}&A=300\left(1+\frac{4.5}{100}\right)^{20}\\\\&A=300(1+0.045)^{20}\\\\&A=300(1.045)^{20}\\\\&A=300 \times 2.41171=723.514\end{aligned}](https://tex.z-dn.net/?f=%5Cbegin%7Baligned%7D%26A%3D300%5Cleft%281%2B%5Cfrac%7B4.5%7D%7B100%7D%5Cright%29%5E%7B20%7D%5C%5C%5C%5C%26A%3D300%281%2B0.045%29%5E%7B20%7D%5C%5C%5C%5C%26A%3D300%281.045%29%5E%7B20%7D%5C%5C%5C%5C%26A%3D300%20%5Ctimes%202.41171%3D723.514%5Cend%7Baligned%7D)
Thus value after 20 years is $ 723.514
Answer:
6 (6 x - 1)
36x-6
Step-by-step explanation:
Answer:
V = π*r^2*h/3
the formula not sure which answer represent that
117.29 ft^3
Step-by-step explanation: