You invest $9000 in an account that is compounded monthly at an interest rate of 7.5% for 3 years. a) (2pt) How much will be in the account after 3 years?

b) (1pt) How much interest will be earned?

a) $11,263.02

b) $2,263.02

Step-by-step explanation:

36 months in 3 years

monthly interest is 0.075/12 = 0.00625

V = 9000(1 + 0.00625)³⁶ = 11,263.01521... ≈ $11,263.02

$11,263.02 - 9000 = $2,263.02

i think there was a typo. you wrote pat brings 3 quarts of ice-cream to the party. each serving of ice-cream is 1 6 quart. how many total servings of ice-cream does pat bring to the party? i think the bold is supposed to be 1/6. so 1 quart of ice cream = 6 servings. 6 * 3 = 18.

the radius is 2 times the diameter.

step-by-step explanation: