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
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Answer:
Mark will make $80 if he works an eight-hour shift.
Step-by-step explanation:
For every six hour shift he works, Mark makes $60
This implies that for every hour, he makes $10 ($60/6)
Therefore, for working an eight-hour shift, Mark will make $80 ($10 * 8) or ($60/6 * 8).
We can conclude that Mark's employer pays him $10 per hour.
This hourly rate can be used to work out how much Mark will earn if he works for a month or a year, as the case may be.
Answer:
10>-15
Step-by-step explanation:
The given inequality is:
-2<3
The inequality has to be multiplied by -5.
The multiplication is same as multiplying a normal equation with a number. The only difference is that the sign of inequality is changed when it is multiplied with a negative number.
So,
-2(-5) < 3(-5)
10>-15
So the correct answer is the last option ..
Answer:
I think it would be b
Step-by-step explanation:
im sorry if im wrong im not good with this stuff :c
5/6 of the boys brought their lunch.
In order to determine the answer you need to divide 5/9 by 2/3 in which will give you 5/6.
