Answer:
B 4,500
Step-by-step explanation:
I basically just guessed and if hes paying the interest then its gotta be a bit less then the price of the car I think if it's wrong my apologies
1 ft = 12 inches
so 2 ft = (2 * 12) = 24 inches
and 1/4 ft = 1/4 * 12 = 12/4 = 3 inches
for a total of 27 inches
Answer:
Option 4 is correct
Step-by-step explanation:
If the rate is compounded continuously, the formula used to find the future value is:
A= Pe^rt
Where A = Future Value
P= Principal amount
r = interest rate in decimal
t = time
For the given data:
A=?
P = $5000
r = 7% or 0.07
t = 6
Putting values in the above formula
A= 5000e^(0.07 *6)
A = 7609.81
So, Option 4 is correct.
