Complete the table and find the balance A if $5000 is invested an an annual rate of 6% for 15 years and compounded n times a year

1: 11982.79

2: 12136.31

4: 12216.09

12: 12270.46

365: 12297.10

Step-by-step explanation:

The compound interest formula is A=P*(1+r/n)^nt

P=principal amount

r=rate

n=number of compounds per period

t=number of periods

In this situation, the principal amount is 5,000=P. The rate is 6%, so r=0.06. n is equal to the top number in the table. And this is 15 years, so t=15.

For 1, it would be A=5,000*(1+.06/1)^1*15, or A=5,000(1.06^15), or 11982.79.

For 2, it would be 5,000*(1+.06/2)^2*15, or 5,000*(1.03^30), or 12136.31.

And so forth. Good luck

step-by-step explanation:

what are the statements? and what do you mean by "216 2 1 6"?

option c) graph of line going through 1, 4 and 3, 10

step-by-step explanation:

let y equal to margo's coin collection

let x equal to number of years

at the begining x=0, y=1 → point=(x,y)→point=(0,1)

she adds 3 coins per year, then y=1+3x

at x=1, y=1+3(1)=1+3→y=4→point=(x,y)→point=(1,4)

at x=3, y=1+3(3)=1+9→y=10→point=(x,y)→point=(3,10)

the graph of line going through (1, 4) and (3, 10), then the option c is the correct.