The final amount if $10 000 invested for 6 years at 4% compounded quarterly is $12,697
<h3>Compound interest</h3>
The formula for calculating the compound interest is given as:
A = P(1+r/n)^nt
Given the following parameters
A = 10000(1+0.04/4)^4(6)
A = 10000(1+0.01)^24
A = 10000(1.01)^24
A = 1.2697(10,000)
A = $12,697
Hence the final amount if $10 000 invested for 6 years at 4% compounded quarterly is $12,697
Learn more on compound interest here: brainly.com/question/24924853
#SPJ1
Hello!
To find how much batches of cookies the factory made, we need to divide the total number of bags of flour used by how many bags of flour are needed for one batch of cookies.
Before dividing, we need to convert the complex fraction into an improper fraction.
1 1/5 → 5 × 1 + 1 = 6/5
7 1/5 → 5 × 7 + 1 = 36/5
For every batch of cookies, the factory uses 6/5 bags of flour. Yesterday, the factory used 36/5 bags of flour.
Remember when dividing by a fraction, it is like multiplying its reciprocal. This means that the second fraction is flipped, then which it can be multiplied together.
→
Therefore, the cookie factory made 6 batches of cookies yesterday.
Evan spent $2.27 on each pound of bird seed. To solve this divide the cost of the bird seeds by the pounds, which will lead you to this answer. Hope this helped! :)
-3(b - 7)
Distributive property
-3*b = -3b
-3*7 = -21
-3b + 21
Answer: -3b + 21