Julia received a bonus check from her work for $6,000. She is going to deposit the money into her bank account that receives 5% compounded annually.
The amount of interest earned after year 1 is what.

6300

Step-by-step explanation:

5% is 1.05

6000*1.05 is 6309

the answer is 200

step-by-step explanation:

the way the question is worded, it seems to imply the $264 interest is simple interest, not compound interest.

the simple interest for 2 years is $264; the simple interest for 1 year is $132.

$132 interest on a $600 investment means an interest rate of (132/600)*100 = 22%.

the value of $200 at 22% interest compounded annually for three years is

200%281.22%29%5e3

the amount of interest is that value, minus the original $200.

hello :

70y^8 + 30y^6 = 2 ( 35 y^8 + 15y^6)

the lenght is : 35 y^8

the width is : 15y^6