Answer:
$3,033.56
Step-by-step explanation:
(see attached for reference)
The formula for compound interest is given by
A = P [ 1 + (r/n) ]^(nt)
Where,
A = final amount (we are asked to find this)
P = principal = given as $1500
r = annual interest rate = 9% = 0.09
n = 2 (for compounding semi-annually)
t = time, given as 8 years
Substituting the above into the equation:
A = P [ 1 + (r/n) ]^(nt)
A = 1500 [ 1 + (0.09/2) ]^[(2)(8)]
A = 1500 [ 1.045) ]^[16]
A = $3,033.56
Answer:
letter
B. =-5.8
Step-by-step explanation:
hope its help
Answer:
side X is 5 and side k is 6
Step-by-step explanation:
Answer:
The answer to your question is: y = 6x + 3
Step-by-step explanation:
Data
slope = m = 6
A (8, 51)
Equation
y = mx + b
(y - y1) = m (x - x1)
(y - 51) = 6(x - 8)
y - 51 = 6x - 48
y = 6x - 48 + 51
y = 6x + 3