Answer: the value of the account after 6 years is $101559.96
Step-by-step explanation:
If $64,000 is invested in an IRA account, then
Principal = $64,000
So P = 64,000
The rate at which $64000 was compounded is 8%
So r = 8/100 = 0.08
If it is compounded once in a year, this means that it is compounded annually (and not semi annually, quarterly or others). So
n = 1
We want to determine the value of the account after 6 years, this means
time, t = 6
Applying the compound interest formula,
A = P(1 + r/n)^nt
A = amount after n number of years
A = 64000( 1 + 0.08/1)^1×6
A = 64000(1.08)^6
A= 64000×1.58687432294
A= 101559.956668416
Approximately $101559.96 to 2 decimal places
The answer is -8/1 two negatives equals negative which would be -11 then subtract positive 3 equals-8
Answer:
-22x+33
Step-by-step explanation:
Answer:
The absolute value inequality to represent the situation is presented as follows;
Step-by-step explanation:
The given information are;
The number of words Annika needs to write = 400 words
The absolute deviation of the number of words Annika needs to write = 10 words
When we let the number of words Annika write = w, we have;
The absolute value inequality given that the absolute deviation of the number of words is 10 is given as follows;
Therefore we have;
gives the statement, -10 < w - 400 < 10.