Solve for x A) 12 B) 11 C) 8 D) 10
1 answer:
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Answer:
(x - 6)² + (y - 7)² = 4
Step-by-step explanation:
Equation of circle: (x - h)² + (y - k)² = r²
Given center(h,k) = (6,7)
h = 6
k = 7
Dimeter = 4 --
radius, r = = 2
(x - h)² + (y - k)² = r²
(x - 6)² + (y - 7)² = 2²
(x - 6)² + (y - 7)² = 4
Interest on interest, or compound interest, is the adding of interest to the principal sum of a loan or deposit. The account balance after a period of 5 years will be $1.63634×10²⁰.
<h3>What is compound interest?</h3>Interest on interest, or compound interest, is the adding of interest to the principal sum of a loan or deposit. It's the outcome of reinvesting interest rather than paying it out so that interest is received on the principal plus previously collected interest in the next quarter.
A = final amount
P = initial principal balance
r = interest rate
n = number of times interest applied per time period
t = number of time periods elapsed
Given the principal amount is $12,385, the rate of interest is 7.5%, and the time period is daily. Therefore, the amount can be written as,
Hence, the account balance after a period of 5 years will be $1.63634×10²⁰.
Learn more about Compound Interest:
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