Answer:
Interest earned = 2713.8
Explanation:
We will solve this problem on two steps:
1- get the final amount after three years
2- get the interest earned by subtracting the initial amount from the final one.
1- getting the final amount after 3 years:
The formula that we will use is as follows:
A = P (1 + r/n)^(nt)
where:
A is the final amount we want to calculate
P is the initial amount = 6300
r is the interest = 0.12
n is the number of compounds per year =12
t is time in years = 3
Substitute to get the final amount:
A = P (1 + r/n)^(nt)
A = 6300 (1 + 0.12/12) ^ (12*3)
A = 9013.8
2- getting the interest earned:
Interest earned = final amount - initial amount
Interest earned = 9013.8 - 6300
Interest earned = 2713.8
Hope this helps :)
Idk there is nothing to look at
Answer:6/8
Step-by-step explanation:
First find the slope of the line connecting these two points:
6-5
m = ------------ = -1/2
-4+2
Substitute this slope into y = mx + b: y = (-1/2)x + b.
Next, subst. 5 for y and -2 for x, and find b:
5 = (-1/2)(-2) + b, or 5-1=b. Then b = 4, and
the equation of the line is y = (-1/2)x + 4.
8and2/7+3and 1/3=>(8*7+5)/7+(3*3+1)/3=>61/7+4/3=>183/21+28/21=>211/21.
