If ⅓y = 9; then y =?
2 answers:
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Answer:
Total amount that Matthew's bank will receive is $10099.81.
Step-by-step explanation:
We need to find the amount Matthew's bank will receive after lending him $8,000 for four years at an interest rate of 6 percent, compounded annually.
The formula for compound interest is:
Where A = future value
P= Principal Amount
r = interest rate
and n= time
So in the question we are given:
P= $8000
r = 6% or 0.06
t = 4 (since 4 yeras compounded annually)
A= 8000*(1+0.06)^4
A= 8000*(1.06)^4
A= 10099.81
So, total amount that Matthew's bank will receive is $10099.81.
Answer:
Step-by-step explanation:
A regular polygon is a shape with equal sides and angles. Because of this, we can write the following equation to set two sides equal to each other:
Solving, we will get a in terms of b:
Now we can substitute a for (b+3) into our equation:
Therefore, the length of each side of this polygon is .
Since the perimeter of the polygon consists of all five sides, the perimeter is: