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:
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:
So, After 6 years the investment is $5555.88
Keywords: Compound Interest formula
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2 ounce bag will cost less than $1.25
6 ounces ÷ 3 = 2 ounces
$3.60 ÷ 3 = $1.20
OR
$3.60 ÷ 6 ounces = $0.60 per ounce
2 ounces = $ 0.60 × 2 = $1.20
Answer:
3/14 chance first draw
Step-by-step explanation:
There are 14 jellybeans in all, you won’t be replacing so the probability will change with each draw.
Probability the 1st draw is red = 3/14.
Probability the 2nd draw is red = (3–1)/(14–1) = 2/13.
Probability the 3rd draw is red = (2–1)/(13–1) = 1/12.
3/14 x 2/13 x 1/12 = 6/2184 = 1/364 is approximately 0.27%, pretty rare.
We first find the zeros of the function , the zeros of the function are those at which points the graph of the function crosses or touches the x axis
here we can see in the graph that graph crosses the x axis at two points , 1 and 7
So the zeros of the function are
x=1 and x=7
It means the factor are
(x-1) and (x-7)
So the factorization is given by
(x-1)(x-7)
Answer:
.83
Step-by-step explanation:
if brainiest is earned its greatly Appreciated
