Answer:
Step-by-step explanation:
8²p=8^4
64p=4096
p=64
p could also equal 2
8^2x2=8^4
This is a compound interest problem so you cannot use the simple interest formula. Effectively the total amount is being compounded each year by 6%. There is a formula for compound interest but in this simple example you can work this out recursively.
year 1 = 6500
year2 = 6500*1.06 = 6890
year3 = 6890*1.06 = 7303
year4 = 7303*1.06 = 7741..
etc......
year12 = 11604*1.06 = 12338
The answer is C. The rest of the answers make no sense and do not work.
Answer:
the answer is 600
Step-by-step explanation:
$5,000×3%×4years÷100%=$600
Line graphs allow us to see overall trends such as an increase or decrease in data over time. Bar graphs are used to compare facts. The bars provide a visual display for comparing quantities in different categories or groups. ... Circle Graphs are used to compare the parts of a whole.
