Remark
The thing you must not do is write 7.182 as your answer. That is the exact answer found using a calculator.
What to do.
What you should do is multiply two rounded numbers together.
7.6 rounded is 8 roughly
0.945 is almost 1.
Your answer is 8*1 = 8 roughly. This skill is very handy when you are writing a test and you want to see if you've done the question correctly. It is easy to misplace a decimal or put in incorrect digits and this is a quick check on things like that.
<h3>
Answer: 270.58 dollars</h3>
======================================================
Work Shown:
- A = account value after t years
- P = principal or amount deposited = 800
- r = interest rate in decimal form = 0.06
- n = number of times we compound per year = 1
- t = number of years = 5
So,
A = P*(1+r/n)^(n*t)
A = 800*(1+0.06/1)^(1*5)
A = 1070.58046208
A = 1070.58
After five years, the account will have $1,070.58 in it.
The amount of interest earned is A-P = 1070.58 - 800 = 270.58 dollars.
Answer:
6 and 7 over 15 I am pretty sure it is that
Answer:
a
Step-by-step explanation:
