Determine the amount in an account after 18 months if 10000 is deposited in a savings account paying 1.6% interest compounded quarterly

$10,242.41

Step-by-step explanation:

To calculate amounts with compounded interest, we use where

-A is the total amount int he account after interest

-P is the principal or starting amount

-r is a decimal conversion of the percentage rate

-n is the number of times compounded a year

-t is the number of years

For this account, P=10000, r=0.016, n=4 for 4 quarters in a year, and t=1.5 since 18 months is 1.5 years. We substitute and find:

1)is not similar since corresponding sides are not in the same ratio

2)are similar since corresponding sides are in the same ratio and corresponding angles are equal

hope it will

#faazmessi

step-by-step explanation:

ok so im not 100% sure but you would start by adding 5.1t and 1.9t beacuse they have the same variable. that is 7t.   then add -3.6 + 1.2 which is -2.4

so then keep that as -2.4 + 7t. i apologize if this is incorrect. best luck on your test < 3