Answer:
$14,277.80
Step-by-step explanation:
The standard formula for compound interest is given as;
A = P(1+r/n)^(nt) .....1
Where;
A = final amount/value
P = initial amount/value (principal)
r = rate yearly
n = number of times compounded yearly.
t = time of investment in years
For this case;
P = $7,400
t = 8 years
n = 4 (quarterly)
r = 9.5% = 0.095
Using equation 1.
A = $7,400(1+0.095/4)^(4×7)
A = $7,400(1.02375)^(28)
A = $7,400(1.929432606035)
A = $14,277.80
final amount/value after 8 years A =$14,277.80
Answer:
the answer would be 35
Step-by-step explanation:
When it hits the ground the height would be 0.
Set h to 0 and solve for t ( time)
0 = -16t^2 + 112t + 144 divide both sides by -16:
T^2 -7t -9
Factor the polynomial :
( t- 8.1) (t+1.1
Solve for t setting each equation to 0:
T = 8.1 or t = -1.1
Time has to be positive, so the answer is
8.1 seconds
Depending on how everything gets rounded it could also be 8 seconds.
9 is the answer for that problem
Answer:
Uhm ...... Anyways ............