Tony invested $9538 in an account at 8% compounded daily. Identify the compound interest C after 1 years.

9514 1404 393

  $794.30

Step-by-step explanation:

The account balance for principal P invested at rate r compounded daily for t years is ...

  A = P(1 +r/365)^(365t)

We have P=$9538, r=0.08, t=1, and we want the value of P-A, the interest earned.

  P-A = P(1 +0.08/365)^365 -1) = $9538(1.08327757 -1) ≈ $794.30

The interest earned in one year is $794.30.

f(x) = y

f(-3) = -5

step-by-step explanation:

step-by-step explanation:

ok one would be money, and the other would be refreshments or something similar. if each bag of popcorn is 5.00 and each drink is half of that that means drinks are 2.50 the proper way to do that would to look and see how much of each you can buy without exceeding a limit of 30.00