Answer:
Give me these points
Step-by-step explanation:
Answer:
no error original system so good by
Answer:
After 9 years the account will be worth 13709.60$
Step-by-step explanation:
We are given the following in the question:
We are given the following in the question:
P = $8000
r = 6% = 0.046
n = 12
The compound interest is given by:
where A is the amount, p is the principal, r is the interest rate, t is the time in years.
Putting the values, we get,
![13709.60 = 8000\bigg(1+\dfrac{0.06}{12}\bigg)^{12t}\\\\\dfrac{13709.60}{8000} = \bigg(1+\dfrac{0.06}{12}\bigg)^{12t}\\\\\Rightarrow 1.7137 = (1.005)^{12t}\\\Rightarrow t \approx 9](https://tex.z-dn.net/?f=13709.60%20%3D%208000%5Cbigg%281%2B%5Cdfrac%7B0.06%7D%7B12%7D%5Cbigg%29%5E%7B12t%7D%5C%5C%5C%5C%5Cdfrac%7B13709.60%7D%7B8000%7D%20%3D%20%5Cbigg%281%2B%5Cdfrac%7B0.06%7D%7B12%7D%5Cbigg%29%5E%7B12t%7D%5C%5C%5C%5C%5CRightarrow%201.7137%20%3D%20%281.005%29%5E%7B12t%7D%5C%5C%5CRightarrow%20t%20%5Capprox%209)
Thus, after 9 years the account will be worth 13709.60$
Answer: [D]: y = -3x + 2 .
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