2 years ago

Find the Area of the Shaded Region.

Mathematics

1 answer:

dimulka [17.4K]2 years ago

5 0

Answer:

42cm×22 =...............

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A principal of $3600 is invested at 7.5% interest, compounded annually. How much will the investment be worth after 6 years?

zaharov [31]

After 6 years the investment is $5555.88

Step-by-step explanation:

A principal of $3600 is invested at 7.5% interest, compounded annually. How much will the investment be worth after 6 years?

The formula used to find future value is:

$A(t)=P(1+\frac{r}{n})^{nt}$

where A(t) = Accumulated amount

P = Principal Amount

r = annual rate

t= time

n= compounding periods per year

We are given:

P = $3600

r = 7.5 %

t = 6

n = 1

Putting values in formula:

$A(t)=P(1+\frac{r}{n})^{nt}\\A(t)=3600(1+\frac{0.075}{1})^{6*1}\\A(t)=3600(\frac{1.075}{1})^6\\A(t)=3600(1.075)^6\\A(t)=3600(1.543)\\A(t)=5555.88$

So, After 6 years the investment is $5555.88

Keywords: Compound Interest formula

Learn more about Compound Interest formula at:

#learnwithBrainly

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3 years ago

A dollar bill is worth _____ pennies. When written in decimal format, each penny can be written as ______ of a dollar. 100:10 10

erik [133]

Hey there! :D

A dollar bill is worth 100 pennies.

$1.00-> .01*100 <=== same thing

When written in decimal format, each penny can be written as 100:1, because there are 100 pennies in a dollar. One penny would just be one out of 100.

I hope this helps!
~kaikers

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3 years ago

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