Answer:
The final amount in the account after 6 years at compound interest is $1568.78 .
Step-by-step explanation:
Given as :
The principal amount in account = p = $1500
The rate of compound interest = r = 0.75 %
The time period of the loan = t = 6 years
Let The Amount in account after 6 years = $A
<u>From Compound Interest method</u>
Amount = Principal × ![(1+\dfrac{\textrm rate}{100})^{\textrm time}](https://tex.z-dn.net/?f=%281%2B%5Cdfrac%7B%5Ctextrm%20rate%7D%7B100%7D%29%5E%7B%5Ctextrm%20time%7D)
I.e A = p × ![(1+\dfrac{\textrm r}{100})^{\textrm t}](https://tex.z-dn.net/?f=%281%2B%5Cdfrac%7B%5Ctextrm%20r%7D%7B100%7D%29%5E%7B%5Ctextrm%20t%7D)
Or, A = $1500 × ![(1+\dfrac{\textrm 0.75}{100})^{\textrm 6}](https://tex.z-dn.net/?f=%281%2B%5Cdfrac%7B%5Ctextrm%200.75%7D%7B100%7D%29%5E%7B%5Ctextrm%206%7D)
Or, A = $1500 × ![(1.0075)^{6}](https://tex.z-dn.net/?f=%281.0075%29%5E%7B6%7D)
Or, A = $1500 × 1.04585
Or, A = $1568.775
So, The final amount= A = $1568.78
Hence The final amount in the account after 6 years at compound interest is $1568.78 . Answer
A statement or proposition which is regarded as being established, accepted, or self-evidently true
Answer:
1. Compliment: 30 degrees. Supplement: 120 degrees.
2. Compliment: 42 degrees. Supplement: 132 degrees.
3. Compliment: None. Supplement: 83 degrees.
Answer:
54 dollars
Step-by-step explanation:
IM NOT A ST.UPID YTuber
1.5=1 pound 7.5=5 pounds 10.5=7 pounds 16.5=11 pounds