Answer:
Total amount that Matthew's bank will receive is $10099.81.
Step-by-step explanation:
We need to find the amount Matthew's bank will receive after lending him $8,000 for four years at an interest rate of 6 percent, compounded annually.
The formula for compound interest is:
Where A = future value
P= Principal Amount
r = interest rate
and n= time
So in the question we are given:
P= $8000
r = 6% or 0.06
t = 4 (since 4 yeras compounded annually)
A= 8000*(1+0.06)^4
A= 8000*(1.06)^4
A= 10099.81
So, total amount that Matthew's bank will receive is $10099.81.
Answer:
I need more information, meaning his formula.
Step-by-step explanation:
Answer:
38km
Step-by-step explanation:
pa brainlest na lang po ty po
Answer:
The answer is given below
Step-by-step explanation:
The loads in the circuit are continuous duty, so the circuit can only loaded to 80% of its current rating.
Calculate 80% current rating of the circuit breaker.
Icb = [ 80/100] (20 A)
= (O.8) (20 A )
= 16 A
Now we assume that the value of supply voltage is 120 V
Now we will calculate current flows via under water light which will be taken as Load 1
<em>Ii = </em>500 W/120 V
= 4.167 A
Current via the circulating pump which will be taken as Load 2 IS 8.5 A
<em>I = </em>load1 + load 2
<em> = 4.167 A + 8.5 A</em>
<em> = 12.67 A</em>
The total current in the circuit obtained which is less than the circuit breaker rating current. Therefore, the power can be operated for both the loads.
