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
Answer:
This is a rip off but...
Step-by-step explanation:
The ocuse triangle is
Two angles adjacent angles that add up to 180 degrees
The answer should be the third one
.4 is tenths .42 is hundredths and .422 is thousandths
