HELP PLEASE WILL GIVE BRAINLIST TO BEST ANSWER!
2 answers:
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Answer:
$3,090.64
Step-by-step explanation:
We shall allocate a random letter to each value, with that I explain the formula.
Initial value of investment = $5,003.86 = P
Rate of interest = 3.7% = R
Compounding interval in a year = 365 = I
Total period = 13 years = T
Value of investment in compound interest formula shall be:
Now, putting values in the above equation:
= $8,094.50
Thus, interest earned = Total value of investment on maturity - Initially invested amount
= $8,094.50 - $5,003.86 = $3,090.64
Answer:
.
Step-by-step explanation:
Dilate a point by a scale factor of
with
as the center, and the resultant point would be at
.
In this question:
Point to dilate: .
Scale factor: .
Center of dilation: .
The resultant point would be:
, which simplifies to
.