Answer:$6451.6 should be deposited.
Step-by-step explanation:
The principal was compounded monthly. This means that it was compounded 12 times in a year. So
n = 12
The rate at which the principal was compounded is 7.2%. So
r = 7.2/100 = 0.072
It was compounded for 3 years. So
t = 3
The formula for compound interest is
A = P(1+r/n)^nt
A = total amount in the account at the end of t years. A is given as $8000 Therefore,
8000 = P (1+0.072/12)^12×3
8000 = P(1+0.006)^36
8000 = P(1.006)^36
P = 8000/1.24
P = $6451.6
Answer: 2
Step-by-step explanation: (2x-4)
Answer:
7 sheets of paper
Step-by-step explanation:
$40-$19=$21
$21/$3=7 sheets of paper.
In words:
I did 40 minus 19 to get 21, and the divided 21 by 3 to get 7 sheets of paper.
Answer: See explanation
Step-by-step explanation:
We will use the formula for an arithmetic sequence which will be:
a + (n - 1)d
where a = unknown
n = 6
d = 4
We then slot them into the formula
a + (6 - 1)4 = 12
a + 5(4) = 12
a + 20 = 12
a = 12 - 20
a = -8
The 6 numbers are
1st term = -8
2nd term = -8 + 4 = -4
3rd term = -4 + 4 = 0
4th term = 0 + 4 = 4
5th term = 4 + 4 = 8
6th term = 8 + 4 = 12
Answer:
12y
Step-by-step explanation:
