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
123 5/10 becuase everything on the left side of the dcimal is a whole number and everything on the right side is a fraction. The 5 is in the 10 place so the denominator would be 10 and the numerator would be 5. Your answer is 123 5/10 or simplified, 123 1/2
Answer:
One solution
<em>BRAINLIEST, PLEASE!</em>
Step-by-step explanation:
2y - x = 6
2y = x + 6
y = x/2 + 3
y = 2x + 7
After graphing, they have one solution at (-2.667, 1.667).
Answer:
w = 11
Step-by-step explanation:
<u>Step 1: Subtract 4 from both sides</u>
15 = w + 4
15 - 4 = w + 4 - 4
11 = w
Answer: w = 11