8 * 5 = 40
40 * 4 = 160
160 * 12 = 1,920
Answer: $1,920
The final amount is $7,615.27
A = P(1 + r/n)^t
Where,
A = Final amount
P = principal = $7, 200
r = interest rate = 2.5% = 0.025
n = number of periods = 4
t = time = 9 years
A = P(1 + r/n)^t
= 7,200(1 + 0.025/4)^9
= 7,200(1 + 0.00625)^9
= 7,200(1.00625)^9
= 7,200(1.0576769512798)
= 7,615.2740492152
Approximately,
A = $7,615.27
brainly.com/question/14003110
Word problems describe a situation where something mathematical can be found out about a system. Often, it's a real-world measurement (like numbers of apples, ages of people, inches, feet, etc.) and usually have more than one object being discussed.
The answer must be expressed in specific units so the value cannot be confused with other measurements discussed in the problem.
Answer:
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Step-by-step explanation:
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