Answer:
$1,519
Step-by-step explanation:
Given that :
Balance = principal = $520
Time (t) = 6 years
Annual. Interest rate (r) = 18% = 0.18
Using the compound interest formula:
A = P(1 + r/n)^nt
n = number of times interest is applied per period ; A = final amount
Since interest is compounded monthly, n = 12
A = 520(1 + 0.18/12)^(12 * 6)
A = 520(1 + 0.015)^72
A = 520(1.015)^72
A = 520(2.9211579)
A = 1519.0021
Hence, final amount = $1519
The solution is (-2,4) she right both have the same solution because if you solve both of them you will get (-2,4)
So if a person has 1/8 of a pitcher then you have 8 people per pitcher. Then if you have 5 pitchers you do 5 x 8 and get 40 so 40 people will be served. Hope this helps :)
