Answer:
$14,277.80
Step-by-step explanation:
The standard formula for compound interest is given as;
A = P(1+r/n)^(nt) .....1
Where;
A = final amount/value
P = initial amount/value (principal)
r = rate yearly
n = number of times compounded yearly.
t = time of investment in years
For this case;
P = $7,400
t = 8 years
n = 4 (quarterly)
r = 9.5% = 0.095
Using equation 1.
A = $7,400(1+0.095/4)^(4×7)
A = $7,400(1.02375)^(28)
A = $7,400(1.929432606035)
A = $14,277.80
final amount/value after 8 years A =$14,277.80
Answer:
D. 4
Step-by-step explanation:
Answer:
C) x = -1
Step-by-step explanation:
I graphed the equation below on the graph.
If this answer is correct, please make me Brainliest!
Answer:
There is a 1/2 chance the coin will land on heads and there is a 1/6 chance that the number cube will land on 6. hope this helps
