Given:
Principal : $6,000
Interest Rate: 5%
Term : 8 years, compounded annually.
The term compounded annually is a hint that informs us to use the compounded interest formula instead of the simple interest formula.
Compounded interest formula is:
A = P(1 + r/n)^nt
where:
A = future value of loan or investment including the interest
P = principal
r = rate
n = the number of times the interest is compounded per year
t = the number of years the money is borrowed or invested
A = P (1 + r/n)^nt
A = 6,000 (1 + 0.05/1)¹ * ⁸
A = 6,000 (1.05)⁸
A = 6,000 (1.48)
A = 8,880
The total amount Ryan will pay after 8 years is $8,880.00
Answer:
The numbers in order from greatest to least is
3/4, 0.5, 2/5, 1/3, 0.09
Step-by-step explanation:
350*15 is 5250. That is the total words needed to reach her assignment paper goal. Since there are 60 minutes in an hour we would need to figure out how many words she can type per hour. 60*70 is 4200. Then we divide 5250 by 4200. We get 1.25. Soooo our final answer would be 1 hour and 15 minutes need to be set aside to type her assignment. I really hope this is correct it makes sense to me. If not i am truly sorry.
Answer:
Step-by-step explanation:
f(x)=4x+1
g(x) = x^2-5
(f*g)(x) = 4x^3+x^2-20x-5
Answer:
(x, y) --> (x - 1, y - 4)
Step-by-step explanation:
I already answered this, the x coordinate goes one to the left and the y coordinate goes down by 4.
