(6×5)×100=3,000 Since 6×5=30×100=3,000
Answer:
-4/f
Step-by-step explanation:
i hope this helps
hi
Answer: the value of the account at the end of 6 years is is $8577
Step-by-step explanation:
We would apply the formula for determining compound interest which is expressed as
A = P(1+r/n)^nt
Where
A = total amount in the account at the end of t years
r represents the interest rate.
n represents the periodic interval at which it was compounded.
P represents the principal or initial amount deposited
From the information given,
P = 6000
r = 6% = 6/100 = 0.06
n = 4 because it was compounded 4 times in a year.
t = 6 years
Therefore,.
A = 6000(1+0.06/4)^4 × 6
A = 6000(1+0.015)^24
A = 6000(1.015)^24
A = $8577
6 + m/4 = 3 (subtract 6 from both sides)
m/4 = -3 (multiply both sides by 4)
m = -12
Can plug in to original equation to check work:
6 - 12/4 = 3
6 - 3 = 3
3 = 3
The answer m = -12 checks out