Given:
Principal value = $8,008
Rate of interest = 2% compounded 6 times per year.
Time = 16 years
To find:
The account balance after 16 years.
Solution:
The formula for amount is:

Where, P is principal, r is the rate of interest, n is the number of times interest compounded in an year and t is the number of years.
Putting
in the above formula, we get




Therefore, the account balance after 16 years is $11022.17.
Answer:
You have 3 + 2 + 2 which is the same as 7 on the other side.
Step-by-step explanation:
3 + 2 + 2 is 7
Answer:
Domain: [-8. 4]
General Formulas and Concepts:
<u>Algebra</u><em><u> </u></em><u>I</u>
- Domain is the set of x-values that can be inputted into function f(x)
- Interval Notation
Step-by-step explanation:
From the graph, we can see that our x-values span from -8 to 4. Since both are closed dot, they are inclusive in the domain:
[-8. 4] or -8 ≤ x ≤ 4