After 6 years the investment is $5555.88
Step-by-step explanation:
A principal of $3600 is invested at 7.5% interest, compounded annually. How much will the investment be worth after 6 years?
The formula used to find future value is:

where A(t) = Accumulated amount
P = Principal Amount
r = annual rate
t= time
n= compounding periods per year
We are given:
P = $3600
r = 7.5 %
t = 6
n = 1
Putting values in formula:

So, After 6 years the investment is $5555.88
Keywords: Compound Interest formula
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Value of X and Y is 90 and 26 respectively.
Answer:
y = 3x + 3
Step-by-step explanation:
First, you check for the y-intercept, which is 3 for this equation.
In order to find the slope, pick two points and apply the slope formula.
I would just use rise/run. The slope should be 3/1.
Answer:
it is 8.5 x 10^2 because when you times the 10 twice and then multiply it with 8.5 and the decimal moves
691-95=596
596 X .171=101.9
101.1 +596 = 697.9 new balance