Okay. The formula for compound interest is P(1 + r)^t, with P = principal, r = percentage rate, and t = time in years. 4.8% is 0.048 in decimal form. We add 1 to that number to get 1.048. Because the amount of time compounded is 7 years, we raise 1.048 to the 7th power. 1.048^7 is 1.388445952. Do not delete this number from your calculator. Now, multiply that number by 12,000 to get 16,661.35142 or 16,661.35 when rounded to the nearest hundredth. There. The value after seven years is $16,661.35.
Answer:
I'm pretty sure its choice c and d i'm sorry if its not i did all the math, although i might have gotten it wrong, just double check.
Step-by-step explanation:
Answer:
can you plz send the full image
Answer:
The rate of change is 9.5 ft/min
Step-by-step explanation:
every minute the balloon rises in 9.5 feet increments
Answer:
3x = 5
Step-by-step explanation:
9x = 4x + 5
-4x -4x
3x = 5
