Answer:
Qstn 7 answer 8x^2 - 6x
Qstn 8 answer 2x - 5
Qstn 9 and 10 will take time
Step-by-step explanation:
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Answer:
hey
Step-by-step explanation:
yep
Answer:
Total amount that Matthew's bank will receive is $10099.81.
Step-by-step explanation:
We need to find the amount Matthew's bank will receive after lending him $8,000 for four years at an interest rate of 6 percent, compounded annually.
The formula for compound interest is:

Where A = future value
P= Principal Amount
r = interest rate
and n= time
So in the question we are given:
P= $8000
r = 6% or 0.06
t = 4 (since 4 yeras compounded annually)
A= 8000*(1+0.06)^4
A= 8000*(1.06)^4
A= 10099.81
So, total amount that Matthew's bank will receive is $10099.81.
Answer:
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Step-by-step explanation:
Answer:
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Step-by-step explanation:
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