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.
First you would divide everything by bc on both sides to get a by it self. Then you answer will be a=c/bc
Answer:
This means the mock-up tank has a volume 216 times smaller than the initial tank.
Step-by-step explanation:
The ratio between volume is given by

This means the mock-up tank has a volume 216 times smaller than the initial tank.