Answer:
$3087.35
Step-by-step explanation:
<u>Compound interest formula</u>
![\sf A=P(1+\frac{r}{n})^{nt}](https://tex.z-dn.net/?f=%5Csf%20A%3DP%281%2B%5Cfrac%7Br%7D%7Bn%7D%29%5E%7Bnt%7D)
where:
- A = final amount
- P = principal
- r = interest rate (in decimal form)
- n = number of times interest applied per time period
- t = number of time periods elapsed
Given:
- P = $1500
- r = 6.2% = 0.062
- n = 1
- t = 12 years
Substituting given values into the equation and solving for A:
![\begin{aligned}\sf A & =\sf P \left(1+\frac{r}{n}\right)^{nt}\\\\\implies \sf A & = \sf 1500\left(1+\frac{0.062}{1}\right)^{1 \times 12}\\\\& = \sf 1500(1.062)^{12}\\\\& = \sf \$ 3087.35 \: (nearest\:cent)\end{aligned}](https://tex.z-dn.net/?f=%5Cbegin%7Baligned%7D%5Csf%20A%20%26%20%3D%5Csf%20P%20%5Cleft%281%2B%5Cfrac%7Br%7D%7Bn%7D%5Cright%29%5E%7Bnt%7D%5C%5C%5C%5C%5Cimplies%20%5Csf%20A%20%26%20%3D%20%5Csf%201500%5Cleft%281%2B%5Cfrac%7B0.062%7D%7B1%7D%5Cright%29%5E%7B1%20%5Ctimes%2012%7D%5C%5C%5C%5C%26%20%3D%20%5Csf%201500%281.062%29%5E%7B12%7D%5C%5C%5C%5C%26%20%3D%20%5Csf%20%5C%24%203087.35%20%5C%3A%20%28nearest%5C%3Acent%29%5Cend%7Baligned%7D)
Answer:
![f^{-1}(x)=\frac{3x}{2} +6](https://tex.z-dn.net/?f=f%5E%7B-1%7D%28x%29%3D%5Cfrac%7B3x%7D%7B2%7D%20%2B6)
Step-by-step explanation:
hope this helps
Answer: A horseshoe weighs 8.2 ounces The nails in the horseshoe weigh 0.12 ounces.
Step-by-step explanation: B should be your answer have a great day :)