We have been given that Nicolas has $6,500 to deposit into an account which earns 3.25% interest compounded annually. We are asked to find amount of interest earned at the end on 8 years.
We will use compound interest formula to solve our given problem.
, where,
A = Final amount,
P = Principal amount,
r = Annual interest rate in decimal form,
n = Number of times interest is compounded per year,
t = Time in years.
Now we will subtract principal amount from final amount to find amount of interest as:
Therefore, Nicolas would have earned $1895.25 in interest at the end of 8 years.
Answer:
Solve for
x
x
by simplifying both sides of the equation, then isolating the variable.
x
≈
0.25181781
Step-by-step explanation:
The Tangent Line Problem 1/3How do you find the slope of the tangent line to a function at a point Q when you only have that one point? This Demonstration shows that a secant line can be used to approximate the tangent line. The secant line PQ connects the point of tangency to another point P on the graph of the function. As the distance between the two points decreases, the secant line becomes closer to the tangent line.
A is the answer because if you calculate the answer correctly. that will be so.
So basically u keep the x on one side and the rest on the other. Get a common denominator. to get rid of the half u times both sides by 2.
hope this helps
