Answer:
a) $3480
b) $4036.8
Step-by-step explanation:
The compound interest formula is given by:

Where A(t) is the amount of money after t years, P is the principal(the initial sum of money), r is the interest rate(as a decimal value), n is the number of times that interest is compounded per year and t is the time in years for which the money is invested or borrowed.
Suppose that $3000 is placed in an account that pays 16% interest compounded each year.
This means, respectively, that 
So



(a) Find the amount in the account at the end of 1 year.
This is A(1).


(b) Find the amount in the account at the end of 2 years.
This is A(2).

Answer:
y-9= -4(x+1)
Step-by-step explanation:
First, you should know what the format for point slope form is. y-y1=m(x-x1). Now, fill in the points to the x1 and y1 variables. It doesn't matter what ordered pair you use. If the number you fill in is negative, for example, -1, change it to a positive 1. If you're plugging in a positive number such as 9, it becomes -9. Now, it may look like this: y-9=m(x+1). However, you still need to find slope. You can use the expression y-y1/x-x1. 9-1=8. -1-1= -2. So, your slope is 8/-2. However, you can simplify this to -4. Now, plug in -4 to your equation to have your final answer: y-9=-4(x+1).
10 % = 24
20 % = 2 x 10%
20 % = 48
240 + 48 = 288
hope this helps you
Answer:
-14
Step-by-step explanation:
subtract
Answer:
Just use m a t h w a y for the answer
Step-by-step explanation:
Thank me later,or dont thank me at all