If you invest $7000 in an account that pays 6% interest compounded annually, what is the total amount of money that you would have at the end of 8 years?

FV= $11,156.94

Step-by-step explanation:

Giving the following information:

Initial investment (PV)= $7,000

Number of periods (n)= 8 years

Interest rate (i)= 6% compounded annually

To calculate the future value (FV), we need to use the following formula:

FV= PV*(1 + i)^n

FV= 7,000*(1.06^8)

FV= $11,156.94

x = central angle apc = measure of minor arc ac

the two angles x and 30 add to 180, so x+30 = 180 and x = 180-30 = 150. the measure of minor arc ac is 150 degrees.

what we need to do from here is find the circumference and then multiply it by x/360 since there are 360 degrees in a circle. in this case, x = 150, so x/360 = 150/360 = 15/36 = 5/12. the shortest distance along the curve from a to c is 5/12 of the distance around the entire circle (aka circumference)

c = circumference

c = pi*d

c = pi*24

c = 24pi

now multiply this by 5/12 to get

distance along minor arc ac = (5/12)*(circumference)

distance along minor arc ac = (5/12)*(24pi)

distance along minor arc ac = 10pi

the formula you can use is

l = (x/360)*pi*d

with

l = length of minor arc

x = central angle

d = diameter

which essentially is the steps we took though a bit differently.

because its not ur topic and its not for is for homework not that.