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Readme [11.4K]
2 years ago
11

If you deposit $6000 into an account paying 8% annual interest compounded monthly, how much money will be in the account after 7

years?
Mathematics
1 answer:
Leviafan [203]2 years ago
6 0

Answer:

$10278

Step-by-step explanation:

Given data

P= $6000

R= 8%

T= 7 years

The compound interest formula is

A=P(1+r)^t

substitute

A=6000(1+0.08)^7

A=6000(1.08)^7

A=6000*1.713

A=$10278

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astra-53 [7]

Answer:

f(-3) = -12

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<em>Identify</em>

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  1. Substitute in <em>x</em> [Function f(x)]:                                                                           f(-3) = 3(-3) - 3
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  3. Subtract:                                                                                                            f(-3) = -12

g(-2)

  1. Substitute in <em>x</em> [Function g(x)]:                                                                         g(-2) = 3(-2)³ + 5
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  3. Multiply:                                                                                                            g(-2) = -24 + 5
  4. Add:                                                                                                                   g(-2) = -19
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