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
Learn more about Compound Interest formula at:
#learnwithBrainly
The least common multiple is : 18
It is the lowest amount that can be reached.
Answer:
1. C
2. B
3. B
4. A
5. B
Step-by-step explanation:
if u dont mind giving me brainliest im just tryna rank up.
Answer:
(a). 72.9%.
(b). 13.6 hr.
Step-by-step explanation:
So, we are given the following data or parameters or information which is going to assist us in solving this question/problem;
=> "A welder produces 7 welded assemblies during the first day on a new job, and the seventh assembly takes 45 minutes (unit time). "
=> The worker produces 10 welded assemblies on the second day, and the 10th assembly on the second day takes 30 minutes"
So, we will be making use of the Crawford learning curve model.
T(7) + 10 = T (17) = 30 min.
T(7) = T1(7)^b = 45.
T(17 ) = T1(17)^b = 30.
(T1) = 45/7^b = 30/17^b.
45/30 = 7^b/17^b = (7/17)^b.
1.5 = (0.41177)^b.
ln 1.5 = b ln 0.41177.
0.40547 = -0.8873 b.
b = - 0.45696.
=> 2^ -0.45696 = 0.7285.
= 72.9%.
(b). T1= 45/7^ - 045696 = 109.5 hr.
V(TT)(17) = 109.5 {(17.51^ - 0.45696 – 0.51^ - 0.45696) / (1 - 0.45696)} .
V(TT) (17) = 109.5 {(4.7317 - 0.6863) / 0.54304} .
= 815.7 min .
= 13.595 hr.
The student would earn %86. To calculate percentage you take the amount of questions correct, divide that by the amount of questions given, multiply by 100 and round to the nearest percent.