1. Sam deposits$700 in an investment saving account. The annual interest rate is 4.5%/annually compounded monthly. Determine

the amount after 7 years.

The total amount in 7 years is: $958.62

Step-by-step explanation:

Recall the formula for compound interest:

where:

A is the Accrued value (total in the account including accumulated interest), and in our case the unknown.

P is the Principal (amount initially deposited), and in our case $700.

r is the annual percent rate (but in decimal form) in our case 0.045

n is the number of compoundings done per year, and in our case 12 since it is compounded monthly

t is the time in years of the deposit.

Then the formula becomes:

which can be rounded to the cents: $958.62

the clues that signal the reader should change tone are the punctuation marks, the grammatical signs. for example, the quotation marks at the beginning of something someone else said literally or the exclamation marks.

the tone of the first line of dialogue until "gettysburg" is a kind tone, a tone of advise. the narrator is trying to the other person in doing something he or she obviously is finding hard to do by giving a piece of advise and bringing up a memory of a successful similar case.

the clue that the reader understand how to read the word "bang" is the exclamation mark. it gives the word a surprise tone, a strong accent.

the best tone for reading the word "bang" is an exciting tone, a surprise one, even a loud one.

the words that should be read with a formal tone are the ones that give factual information. the sentence: mister lincoln couldn't think of anything to say at the gettysburg" gives information about an event and it needs to be read formally, also, when the narrator wants to transmit calmness, a formal and slow tone is needed, because people also transmit messages with the vibrations of our voices and tones.