Find the final amount of money in an account if $7, 200 is deposited at 2.5 % interest compounded quarterly (every 3 months) and the money is left for 9 years.
The final amount is $
Round answer to 2 decimal places

The final amount is $7,615.27

A = P(1 + r/n)^t

Where,

A = Final amount

P = principal = $7, 200

r = interest rate = 2.5% = 0.025

n = number of periods = 4

t = time = 9 years

A = P(1 + r/n)^t

= 7,200(1 + 0.025/4)^9

= 7,200(1 + 0.00625)^9

= 7,200(1.00625)^9

= 7,200(1.0576769512798)

= 7,615.2740492152

Approximately,

A = $7,615.27

step-by-step explanation: examine the two-step equation.

−  

7

4

+  

x

4

= 2

which property of operations allows you to add the same constant term to both sides?

multiplication property of equality

division property of equality

addition property of equality

subtraction property of equality

x=12 units bd= 10 units

step-by-step explanation: