An investment of $7000 is made in an account with a 4% interest rate that is compounded monthly. How much interest will the account have earned in 3 years? Round to two decimal places.

$10,080

Step-by-step explanation:

4% of $7000 = $280

$280x 12 months= $3360 year

$3360 times 3 years = $10,080

g = (2, 2)

step-by-step explanation:

given the ratio is 1 : 1 then f is the midpoint of eg

let the coordinates of g = (x, y)

using the midpoint formula

(0 + x) = 1 ( multiply both sides by 2 )

0 + x = 2 ⇒ x = 2

similarly

(4 + y) = 3 ( multiply both sides by 2 )

4 + y = 6 ( subtract 4 from both sides )

y = 2

coordinates of g = (2, 2)

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step-by-step explanation:

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