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:
130 pieces of candy in 5 bags
Step-by-step explanation:
234/9 equals 26, that means there would be 26 pieces of candy in 9 bags, therefore 26x5 equals 130, and just to make sure, divide 130/26 to check if its wrong, but it should be 130. :) hope this helps you out!
The answer to this question is C. 11. (I am making a joke by mentioning the music disc C418 Music Disc Variation 11 from Minecraft. I hope you play or else you might not get the joke I implied.) Hoped this helped. (Also I am going for 10 Brainliest answers. I would greatly appreciate it if you chose mine as the Brainliest answer. Thank you 100 times in advance. :))
