Answer:
$14,644.63
Step-by-step explanation:
To solve this problem we can use the compound interest formula which is shown below:

<em>P = initial balance
</em>
<em>r = interest rate
</em>
<em>n = number of times compounded annually
</em>
<em>t = time
</em>
<em />
First change 12% into a decimal:
12% ->
-> 0.12
Lets plug in the values:


Tammy will own $14,644.63 after 8 years,
What? I don't understand what you mean...
Student A starts with $100 in the bank and makes $5 a day. Student B starts with $50 and makes $7 a day. Assuming the students save their money, when will they have the same amount of money ?
Answer:
v=6
Step-by-step explanation:
2v is positive so keep it
then 2v=12
v=6