The admission fee at a county fair is $2 for children and $4 dollars for adults. Suppose that on the last day, 1600 people enter
2 answers:
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Given the center and the radius
of a circle, its equation is
In your case, the center is (-4,0), and the radius is 2. Plug these values into the generic formula and you'll get the equation.
Answer:
$18,726.11
Step-by-step explanation:
Lets use the compound interest formula provided to solve this:
<em>P = initial balance</em>
<em>r = interest rate (decimal)</em>
<em>n = number of times compounded annually</em>
<em>t = time</em>
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First lets change 9% into a decimal:
9% -> -> 0.09
Since the interest is compounded quarterly, we will use 4 for n. Lets plug in the values now:
<u>The balance after 5 years is $18,726.11</u>