Answer:
We conclude that the total amount accrued, principal plus interest, from compound interest on an original principal of $2500 at a rate of 5% per year compounded 6 times per year over 8 years is $3723.38.
Step-by-step explanation:
Given
Principle P = $2500
Interest rate r = 5% = 0.05
Time period t = 8 years
To determine
Accrue Amount A = ?
Using the compound interest equation
where:
A represents the Accrue Amount
P represents the Principal Amount
r represents the interest rate
t represents the time period in years
n represents the number of compounding periods per unit t
Important tip:
- Given that the interest is compounded 6 times each year, therefore, the value of n = 6.
now substituting P = 2500, r = 0.05, t = 8 and n = 6 in the equation
∵
$
Therefore, we conclude that the total amount accrued, principal plus interest, from compound interest on an original principal of $2500 at a rate of 5% per year compounded 6 times per year over 8 years is $3723.38.
0 could possibly represent ground level in this situation.
I don’t see a expression...
As we can see that the sides of the rectangle have been doubled
6.2 ft changed to 12.4 ft
Now when the sides have been doubled
the Perimeter will also be doubled
So the perimeter of new rectangle should be the double the perimeter of old rectangle
So perimeter of new rectangle = 2 (16 ) = 32 feet
Option C is correct
The nth term is
an=a1(r)^(n-1)
an=1(2)^(n-1)
a1=1
r=2
the sum of a geometric seequence is
a1=1
r=2
we want to find
(since we minus 1, the highest exponet is 9 so add 1 to make it correct)