After 6 years the investment is $5555.88
Step-by-step explanation:
A principal of $3600 is invested at 7.5% interest, compounded annually. How much will the investment be worth after 6 years?
The formula used to find future value is:

where A(t) = Accumulated amount
P = Principal Amount
r = annual rate
t= time
n= compounding periods per year
We are given:
P = $3600
r = 7.5 %
t = 6
n = 1
Putting values in formula:

So, After 6 years the investment is $5555.88
Keywords: Compound Interest formula
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Answer: The approximate absentee rate that day would be 8.09%.
Step-by-step explanation:
Since we have given that
Number of students who were absent = 36
Total number of students = 445
We need to find the approximate absentee rate that day :
Rate of absentee of that day would be

Hence, the approximate absentee rate that day would be 8.09%.
Looking at the image attached, we can see the assumed sales of the Chewy Candy Company for its new candy bar in Manila and Seoul. Setting up the given condition for separate branches, we clearly see that during the 6th month, the total sales in Manila first exceeded the cumulative total sales in Seoul.
Simplified answer is: 7xy+4tx