Answer:
The Amount of money in the account after 28 years is $616,674.5
Step-by-step explanation:
Given as :
The principal amount placed in the account = p = $67,000
The rate of interest = r = 8.25%
The time period of amount in the account = t = 28
Let the Amount of money in the account = $A
Now<u>, From Compound Interest method</u>
Amount = Principal × 
A = p × 
Or, A = $67,000 × 
Or, A = $67,000 × 
Or, A = $67,000 × 9.2041
∴ A = $616,674.7
So, The Amount of money in the account = A = $616,674.5
Hence, The Amount of money in the account after 28 years is $616,674.5 Answer
B.) 2,4,8,16,32 is the geometric series as the common ratio is equal for each step
Answer:
John did not make a mistake
Step-by-step explanation:
he did everything correct
After figuring out a common difference in this pattern, we can get further terms in the pattern:
1, -2, 2, -4, 0, -3, -1
Answer: The first 6 terms are = 8, 10, 12,14,16,18
Step-by-step explanation:
The NTH term of an Arithmetic Sequence is given as
an = a1 + (n - 1 ) d
where a1 = First term given as 8 and
d= common difference given as 2
Therefore We have that
the first term
an = a1 + (n - 1 ) d = 8+(1-1) 2
a1= 8
second term=
an = a1 + (n - 1 ) d= a2= 8 + (2-1) 2
= 8+ 2(1) = 10
3rd term
an = a1 + (n - 1 ) d= a3= 8 + (3-1) 2
= 8+ 2(2)= 8 + 4=12
4th term
an = a1 + (n - 1 ) d= a4= 8 + (4-1) 2
= 8+ 2(3)= 8+6=14
5th term
an = a1 + (n - 1 ) d= a5= 8 + (5-1) 2
= 8+ 2(4)=8+ 8=16
6th term
an = a1 + (n - 1 ) d= a6= 8 + (6-1) 2
= 8+ 2(5)=8 +10 =18
