1 + 1? (just for fun!)
2 answers:
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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
Learn more about Compound Interest formula at:
#learnwithBrainly
see the attached figure to better understand the problem
we know that
The Area of the composite figure is equal to the sum of Area 1, Area 2 and Area 3
The Area 1 is a triangle
The Area 2 is a rectangle
The Area 3 is equal a semicircle
therefore
<u>the answer is the option</u>
a triangle, a rectangle, and a semicircle
