After 6 years the investment is $5555.88
Step-by-step explanation:
A principal of $3600 is invested at 7.5% interest, compounded annually. How much will the investment be worth after 6 years?
The formula used to find future value is:
where A(t) = Accumulated amount
P = Principal Amount
r = annual rate
t= time
n= compounding periods per year
We are given:
P = $3600
r = 7.5 %
t = 6
n = 1
Putting values in formula:
So, After 6 years the investment is $5555.88
Keywords: Compound Interest formula
Learn more about Compound Interest formula at:
#learnwithBrainly
The decimal gives after the 9. There are four places behind the decimal between the two numbers being multiplied so there have to be 4 places behind the decimal in your answer.
We need to solve for x, we need to get x alone
Lets start by removing -5
Add 5 on both sides
Now to isolate x , we need to remove the square from x
To remove square , take square root on both sides
square and square root will get cancelled
So 
and 
3<9h I hope this helps you
<h3>
Answer: (2x)^3</h3>
Work Shown:
x = some unknown number
2x = twice the number
(2x)^3 = cubing the previous result
If you want to simplify this expression, then you would get 8x^3 since 2^3 = 8.
