Answer: the value of the account after 6 years is $101559.96
Step-by-step explanation:
If $64,000 is invested in an IRA account, then
Principal = $64,000
So P = 64,000
The rate at which $64000 was compounded is 8%
So r = 8/100 = 0.08
If it is compounded once in a year, this means that it is compounded annually (and not semi annually, quarterly or others). So
n = 1
We want to determine the value of the account after 6 years, this means
time, t = 6
Applying the compound interest formula,
A = P(1 + r/n)^nt
A = amount after n number of years
A = 64000( 1 + 0.08/1)^1×6
A = 64000(1.08)^6
A= 64000×1.58687432294
A= 101559.956668416
Approximately $101559.96 to 2 decimal places
Answer: The prime factorization of 15 is: 3 x 5. The prime factorization of 18 is: 2 x 3 x 3. The prime factors and multiplicities 15 and 18 have in common are: 3. 3 is the gcf of 15 and 18.
Step-by-step explanation:
Answer:
105 km
Step-by-step explanation:
3.75 x 28 = 105 km
Answer:
(Abbys slope 2/3) (Brandons slope 2/3) Abby is correct both triangles have the same slope.
Step-by-step explanation:
5854 out of 10000 because it is 5854 ten thousandths
