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:
x=7.5 and x=-12.5
Step-by-step explanation:
|2x+5|-4=16
|2x+5|=20
2x+5=20
2x=15
x=7.5
2x+5=-20
2x=-25
x=-12.5
-0,666666666666666666666667
To get a fraction to a decimal, you divide the top number by the bottom number. So, in this case it would be 8 divided by 125. Gives you 0.064.