3 years ago

D

Mathematics

1 answer:

True [87]3 years ago

6 0

It is b ............

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In how many ways can we put five identical fruits into three bowls? Note that the bowls may be empty.

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Suppose you invest $16000 at 9% interest and that it is compounded daily. How much will you have in 8 years?

kramer

Answer:

The amount after 8 years is $ 16,031.579

Step-by-step explanation:

Given as :

The Principal invested = $ 16000

The rate of interest compounded daily = 9 %

The time period = 8 years

Let The amount after 8 years = $ A

<u>From Compounded method </u>

Amount = Principal invested × $(1+\dfrac{\textrm Rate}{365\times 100})^{365\times \textrm Time}$

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Or, Amount = 16000 × $(1.0002465)^{8}$

∴ Amount = $ 16,031.579

Hence The amount after 8 years is $ 16,031.579 Answer

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Step-by-step explanation:

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