I think this system is consistent and dependent
We have been given that Nicolas has $6,500 to deposit into an account which earns 3.25% interest compounded annually. We are asked to find amount of interest earned at the end on 8 years.
We will use compound interest formula to solve our given problem.
, where,
A = Final amount,
P = Principal amount,
r = Annual interest rate in decimal form,
n = Number of times interest is compounded per year,
t = Time in years.






Now we will subtract principal amount from final amount to find amount of interest as:


Therefore, Nicolas would have earned $1895.25 in interest at the end of 8 years.
Answer:
163.2
Step-by-step explanation:
D
Hi Quanzia25,
Solution:
45mph
45mph x 4hrs. = 180 miles in 4 hours
45 / 3 = 15
180 + 15 = 195
Answer:
The car has traveled 195 miles.