3)Principal Amount = P = $7200
Interest rate = r = 4% = 0.04
Time = t = 8 years
Formula for compounding is:

Using the values, we get:

Therefore, the compounded amount will be $9853.70
4)Principal Amount = P = $7200
Compounded Amount = A = $9853.70
Interest Earned = Compounded Amount - Principal Amount
So,
Interest Earned = 9853.70 - 7200 = $2653.70
Therefore, $2653.70 will be earned as interest over a period of 8 years.
Answer:
Increasing
Step-by-step explanation:
The computation is given below:
Given that
y = 74 × (1.01)^8
= 74 × 1.082856706
= 80.1314
As it can be seen that the initial amount is 74 but after solving the given equation the value is increased as it shows 80.1314
Therefore it is increasing
Answer:
+140.68 m/h
Step-by-step explanation:
17.33 h
2438.1/17.33 = 140.68
+140.68 m/h
9m-28=2m
9m-28-2m=2m-2m
(9m-2m)-28=0
7m-28=0
7m-28+28=0+28
7m=28
(7m)/7 = 28/7
m=4
Answer:
It could be both 2 positives, or 2 negatives.
Step-by-step explanation:
This is because a negative times a negative is a positive, and a positive times a positive is a positive.