Answer:
$14,277.80
Step-by-step explanation:
The standard formula for compound interest is given as;
A = P(1+r/n)^(nt) .....1
Where;
A = final amount/value
P = initial amount/value (principal)
r = rate yearly
n = number of times compounded yearly.
t = time of investment in years
For this case;
P = $7,400
t = 8 years
n = 4 (quarterly)
r = 9.5% = 0.095
Using equation 1.
A = $7,400(1+0.095/4)^(4×7)
A = $7,400(1.02375)^(28)
A = $7,400(1.929432606035)
A = $14,277.80
final amount/value after 8 years A =$14,277.80
Answer:
Jamie has 5 cards. his friend Bill gives him twice the number of cards he has. After this Jamie has 25 card total. I hope that this helps!!
Answer:
D
Step-by-step explanation:
Given
6x² - 2x + 36 = 5x² + 10x ( subtract 5x² + 10x from both sides )
x² - 12x + 36 = 0 ← in standard form
(x - 6)² = 0 ← in factored form, thus
x - 6 = 0 ⇒ x = 6 → D
1st one Explains Wht it is and y.
