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
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Y = $35.25(6) + 40
y = $211.5 + $40= $251.50
the answer is a
A- none because they are parallel lines
Find the nth term of each of the sequences.<br>
(a) 16, 19, 22, 25, 28, ...<br>
(b) 1,3,9,27,81,...
juin [17]
Answer:
a) 16, 19, 22, 25, 28, 31, 34, 37, 40
b) 1, 3, 9, 27, 81, 243, 729, 2187
<h3>Explanation:</h3>
a) Add 3 on every number.
b) Multiply every number by 3.
Answer:
The answer is probably A
Step-by-step explanation:
Its domain is the only one of these that contain -2, which is a real number.
EMERGENCY CORRECTION: THIS IS WRONG AND I'M TOO ST*PID TO FIGURE OUT THE REAL ANSWER I'M SORRY
