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Ipatiy [6.2K]
2 years ago
7

Ann deposited $4000into an account with 3.6% interest, compounded annually. Assuming that no withdrawals are made, how much will

she have in the account after 9 years?
Mathematics
1 answer:
grigory [225]2 years ago
5 0
Answer:
In 9 years, you will have $5,499.18

Steps:
Note
A = Final Amount
P = Principal Amount
R = Interest Rate
N = # of times interest is compounded
T = Time in years

A = P(1 + r/n)^nt
A = ?
P = 4000
R = 0.036
N = 1
T = 9

A = 4000(1 + 0.036/1)^1*9
A = 5499.18
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puteri [66]
Yes, your answer is correct.
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3 years ago
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Answer:

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Step-by-step explanation:

First, let's start with the left side of the equation.

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So you have 0.2x+4-3

Simplify that, you will have 0.2x+1

Now, we need to isolate the variable (bring all terms with "x" to one side), and move everything else to another side. Remember that when you bring something to the other side, you must change the sign in front of the term (for example, bringing 2x to another side would change it to -2x. another example is if you were to bring -2 to another side, you would have to change it to 2.)

2) 0.2x+6.2x>-7-1               Moved like terms to one side.                    

6.4x>-8                                 I combined the terms here!

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Let me know if you need anything else :)

5 0
4 years ago
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kifflom [539]

Answer:

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Step-by-step explanation:

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