$\bf ~~~~~~ \textit{Compound Interest Earned Amount} \\\\ A=P\left(1+\frac{r}{n}\right)^{nt} \quad \begin{cases} A=\textit{accumulated amount}\\ P=\textit{original amount deposited}\dotfill &\$9500\\ r=rate\to 8\%\to \frac{8}{100}\dotfill &0.08\\ n= \begin{array}{llll} \textit{times it compounds per year}\\ \textit{each year, thus once} \end{array}\dotfill &1\\ t=years\dotfill &1 \end{cases}$

$\bf A=9500\left(1+\frac{0.08}{1}\right)^{1\cdot 1}\implies A=9500(1.08)\implies \boxed{A=10260} \\\\\\ \stackrel{\textit{after 2 years, t = 2}}{A=9500\left(1+\frac{0.08}{1}\right)^{1\cdot 2}}\implies A=9500(1.08)^2\implies \boxed{A=11080.8}$

6 0

3 years ago

2 Points What is the slope of the line shown below? (2,2) 4,8

Vladimir79 [104]

Answer:

Step-by-step explanation:

Slope =y2−y1 divided to x2−x1

8−2

4−2

6/2

= 3

Hope this helped :)

Have a good one

5 0

3 years ago

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