Aaron invest 7,833 in a savings account with a fixed annual interest rate of 9% compounded 12 times per year. What will the account balance be after 6 years?

The account balance is 13414.43

Step-by-step explanation:

Given:

Amount invested = 7833

Interest rate = 9% = 9/100 = 0.09

To find: account balance after 6 years when interest is compounded 12 times per year

We know that the formula to calculate final balance when interest is compounded is given by

A = P , where

A is final balance

P is amount deposited initially

r is annual interest rate

n is number of times interest is compounded per year

t is time in years

Therefore for given data, final balance is

A = 7833 x

   = 7833 x

   = 7833 x 1.712552707

   = 13414.43

Hence the account balance is 13414.43

i believe the answer is letter c) 8

step-by-step explanation:

30 miles

step-by-step explanation:

we know that 60 seconds equals 1 minute and 60 minutes 1 hour

44 ft       60 sec     60 min     158400   ft

  *   *   =

1 sec       1 min       1 hour         hour

we know that there are 5280 ft per mile

158400   ft       1 mile         30 miles

  *   =

1   hour               5280 ft     1 hour

so in 1 hour   it can travel 30 miles