Find the balance in each account after the given period. $8000 principal earning 5% compounded annually, after 6 yr

The balance in the account after the given period is  

Step-by-step explanation:

we know that

The compound interest formula is equal to  

where  

A is the Final Investment Value  

P is the Principal amount of money to be invested  

r is the rate of interest  in decimal

t is Number of Time Periods  

n is the number of times interest is compounded per year

in this problem we have  

substitute in the formula above  

45

step-by-step explanation:

step-by-step explanation:

the ratio of red paint to blue paint is always 9/7. that means that, whatever x's value, (4x+12)/(4x-4) has that same ratio. so, set up an equation and cross-multiply to solve for x:

9/7 = (4x+12)/(4x-4)

9(4x-4) = 7(4x+12)

36x - 36 = 28x + 84

8x - 36 = 84

8x = 120

x = 15