Answer: $187 will be in the account after 6 years.
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 = $100
r = 11% = 11/100 = 0.11
n = 1 because it was compounded once in a year.
t = 6 years
Therefore,.
A = 100(1 + 0.11/1)^1 × 6
A = 100(1 + 0.11)^6
A = 100(1.11)^6
A = $187
Answer:
When dividing two values with the same base, we simply subtract the first exponent by the second and keep the original base. 3^3-6=3^-3. This equals out to be 1/27.
Step-by-step explanation:
he equation of any horizontal line is
y = .. a number
The x-value has no effect on the equation or on the line at all, as long as y-value stays the same.
In this case the line passes though the point (−8,9)
which tells us that the y-value we want is 9.
Therefore the equation is y=9
Answer:
3x=12
Step-by-step explanation:
x=12/3 => x=4
Answer:
a
Step-by-step explanation:
