Alan is connecting three garden hoses to make one longer hose.The green hose is 6.25 feel long the orange hose is 5.755 feet lon
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The amount will be equal to $1348.07. The correct option is A.
<h3>What is compound interest?</h3>Compound interest is the interest levied on the interest. The formula for the calculation of compound interest is given as:-
Compound Interest Formula:
A = Account Balance
P = Principle/Initial Amount
r = Rate of Interest (decimal)
n = Number of times compounded (per year)
t = Number of Years
Given Information
Account Balance = ?
It is given that the balance after 15 years in a savings account earns 2% interest compounded bi-monthly when the initial deposit is 1000.
This is because we are gaining money, so the multiplier should be greater than 1. We already added 1, which is 100% so you simply add the 0.02 for the extra 2%.
Number of times compounded per year = 6
This is because it is being compounded bi-monthly, or once every 2 months. 12 months divided by 2 months is 6 months, so 6 times a year.
Number of years = 15
Solve by plugging the given values into the formula.
A = 1000 x (1.14)
A = $1348.07.
Therefore, the amount will be equal to $1348.07. The correct option is A.
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Using it's concept, it is found that the range of the function is given as follows:
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The range of a function is the set that contains all possible output values for the function. In a graph, the range is the set that contains the values of y.
In this graph, the extremes are at y = 0 and y = 7, and the diagonal line crosses as values in this interval, as shown in the graph at the end of the answer, hence the range of the function is given as follows:
.
More can be learned about the range of a function at brainly.com/question/24374080
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