Answer: the value of the account at the end of 6 years is is $8577
Step-by-step explanation:
We would apply the formula for determining compound interest which is expressed as
A = P(1+r/n)^nt
Where
A = total amount in the account at the end of t years
r represents the interest rate.
n represents the periodic interval at which it was compounded.
P represents the principal or initial amount deposited
From the information given,
P = 6000
r = 6% = 6/100 = 0.06
n = 4 because it was compounded 4 times in a year.
t = 6 years
Therefore,.
A = 6000(1+0.06/4)^4 × 6
A = 6000(1+0.015)^24
A = 6000(1.015)^24
A = $8577
Answer:
2x^2 -3x +10
Step-by-step explanation:
2(x^2 + 5) − 3(x + 1) + 3
Distribute
2x^2 +10 -3x -3 +3
Combine like terms
2x^2 -3x +10 -3+3
2x^2 -3x +10
Answer:
you
Step-by-step explanation:
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