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:
The answer is 'C'
Step-by-step explanation:
Congruent simply means "the same." When a line divides two parralel lines transversals are created. This means that there are angles on both lines that are similar. To fully understand which angles would be the same, I reccommend researching "transversals" for more information, or asking your teacher about it as it is hard to explain without a proper diagram.
Answer:
$6000
Step-by-step explanation:
accumulated amount = A = PI
A = $6900
Let P = x
6900 - I = x
I = (x)(0.05)(3yrs) = 0.15x
6900 - 0.15x = x
Add
6900 = 1.15x
Divide, solve for x
x = 6000
Answer:
-5/2 because there is -5y/2 but we have to take coefficient only so -5/2
Answer:
lol dont u love these answers.
the answer is: NO SOLUTION
Step-by-step explanation:
i swear these are the most annoying lol.
please give me brainliest
btw try using math_way for a future reference.
have a good day!
