Given:
Principal = $14850
Rate of interest = 4% compounded semiannually.
Time = 3 years
To find:
The amount after 3 years.
Solution:
Formula for amount is:
Where, P is principal, r is the rate of interest in decimal, n is the number of times interest compounded and t is the number of years.
The interest is compounded semiannually, so n=2.
Putting in the above formula, we get
On further simplification, we get
Therefore, the amount in the account after three years is $16723.51.
Option D
Using the distributive property, -7(8x – 3) + x = -55x + 21
<em><u>Solution:</u></em>
Given that we have to use distributive property to simplify the given expression
Given expression is:
-7(8x – 3) + x
Let us first understand about distributive property
The distributive property lets you multiply a sum by multiplying each addend separately and then add the products.
<em><u>The distributive property is represented as:</u></em>
a(b + c) = ab + ac
Apply this property in given expression for -7(8x - 3)
Apply the above result in given expression
Combine the like terms. Add -56x and x
Thus the given expression is simplified. Option D is correct
