Answer: the second option
explanation: below
Answer:
t=16
Step-by-step explanation:
you have to change the numbers to get just the variable.
we start from -3.
5=t/2-3
8=t/2
(we multiply by 2 instead of dividing)
8×2=16
t=16
The formula for compound interest
A = P( 1 + r/n) ^ (nt)
A is the amount in the account at the end
P is the principal balance or the amount initially invested
r is the annual interest rate in decimal form
n is the number of times it is coupounded per year
t is the number of years
A = 1800 ( 1+ .0375/1) ^ (1*6)
A = 1800 ( 1.0375)^6
A = 2244.92138
Rounding to the nearest cent
A = 2244.92
Answer:
$ 3513. 63
Step-by-step explanation:
Plug in the numbers :
3200 * e ^(.017 * 5.5) = 3513.63