Yes it can be in fractions and in decimals
Answer:
I'm assuming that it's "0% Financing"..
Answer: the value of the account after 6 years is $101559.96
Step-by-step explanation:
If $64,000 is invested in an IRA account, then
Principal = $64,000
So P = 64,000
The rate at which $64000 was compounded is 8%
So r = 8/100 = 0.08
If it is compounded once in a year, this means that it is compounded annually (and not semi annually, quarterly or others). So
n = 1
We want to determine the value of the account after 6 years, this means
time, t = 6
Applying the compound interest formula,
A = P(1 + r/n)^nt
A = amount after n number of years
A = 64000( 1 + 0.08/1)^1×6
A = 64000(1.08)^6
A= 64000×1.58687432294
A= 101559.956668416
Approximately $101559.96 to 2 decimal places
Average rate= change in alt / change in time
r=-378/7=-54ft/min
The red one is (4.1) and the green one is (-2.4) because is positive to negative so the positive side is that you got and the negative part is you owe someone for example: -20 < 30 so if it says Emily goes to the store and the milk costs $30.99 and she only has $10.00 that means that she owes $30.00 so is -10 <30
