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 × 
Or, Amount = 16000 × 
Or, Amount = 16000 × 
∴ Amount = $ 16,031.579
Hence The amount after 8 years is $ 16,031.579 Answer
Answer:
x = 3 ± 2
Step-by-step explanation:
given
x² - 6x + 1 = 0 ( subtract 1 from both sides )
x² - 6x = - 1
To complete the square
add (half the coefficient of the x- term)² to both sides
x² - 6x + (- 3)² = - 1 + (- 3)²
x² - 6x + 9 = - 1 + 9
(x - 3)² = 8 ( take the square root of both sides )
x - 3 = ± 
= ± 2 ( add 3 to both sides )
x = 3 ± 2
The present value of the investment is $6000.
According to the statement
Principal amount = $500
and Return amount = 10.5%
Time period = 20 years.
Now we find the present value of money then
By the formula
PV = P[1-(1+r)^n]/r
PV = 500[1-(1+0.10)^20]/0.10
PV = 6000
So, The present value of the investment is $6000.
Learn more about Return Amount here brainly.com/question/2456547
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822 hours. 10.25x822 is $8,425.50.
4-(
)+111
=4-(4)+111
=111 since 4 and -4 cancel each other out
