3)Principal Amount = P = $7200
Interest rate = r = 4% = 0.04
Time = t = 8 years
Formula for compounding is:

Using the values, we get:

Therefore, the compounded amount will be $9853.70
4)Principal Amount = P = $7200
Compounded Amount = A = $9853.70
Interest Earned = Compounded Amount - Principal Amount
So,
Interest Earned = 9853.70 - 7200 = $2653.70
Therefore, $2653.70 will be earned as interest over a period of 8 years.
Answer: Students 1 and 3
Step-by-step explanation:
student 1=
- (5r+3s-1)=
-5r+3s-1=
the same answer as student 3
Your answer is going to be A
Answer:
The candles will be the same height at 10 pm.
Step by step explanation:
12 - 0.5x = 18 - 2x
12 + 1.5h = 18
1.5h = 6
h = 4
4 hours
4 hours after 6 pm. is 10pm.
Answer:
36 mpg
Step-by-step explanation:
the gas mileage= 1800/50 = 36 mpg