Answer: A = $1503.6
Step-by-step explanation:
We would apply the formula for determining compound interest which is expressed as
A = P(1 + r/n)^nt
Where
A = total amount in the account at the end of t years
r represents the interest rate.
n represents the periodic interval at which it was compounded.
P represents the principal or initial amount deposited
From the information given,
P = 1000
r = 6% = 6/100 = 0.06
n = 1 because it was compounded once in a year.
t = 7 years
Therefore,.
A = 1000(1 + 0.06/1)^1 × 7
A = 1000(1.06)^7
A = $1503.6
Answer:
Step-by-step explanation:
range?
It is 1 because a penny is worth 1 cent.
In order to figure out what the answer is you would have to divide the number of feet it fell by the time. If you do 35.75 divided by 3.25 it would be 11.
So the answer most likely would be 11
Please correct me if I am wrong
Have a great day!
