<h3>
Answer: 270.58 dollars</h3>
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Work Shown:
- A = account value after t years
- P = principal or amount deposited = 800
- r = interest rate in decimal form = 0.06
- n = number of times we compound per year = 1
- t = number of years = 5
So,
A = P*(1+r/n)^(n*t)
A = 800*(1+0.06/1)^(1*5)
A = 1070.58046208
A = 1070.58
After five years, the account will have $1,070.58 in it.
The amount of interest earned is A-P = 1070.58 - 800 = 270.58 dollars.
It shouldn't be too hard, I've been taking my practice test all day today and yesterday night and I believe i'm going to do good today on my test, just study hard and take the practice test
Answer:
C
Step-by-step explanation:
6:4=8:12
6x3=8
4x3=12
Answer:
e=12.5 or e=25/2
Step-by-step explanation:
