(25 POINTS)Please help me, and show all of your work step by step. Now say you invest $6,500 and the highest interest rate you can find is 2.5% compounded annually, but you would have to leave this investment in the account for a minimum of 5 years. If you decide to wait 5 years to buy the car, how much more money will you have to save to buy a car at the price of $8,000? Use the compound interest formula A = P(1 + i)^n.
A = accumulated amount
P = principle
i = interest rate
n = number of years

$ 645.85

Step-by-step explanation:

First you would plug 6,500 into P. The plug 2.5% as 0.025 into i. And plug the years (5) into n.

A = 6500 (1 + 0.025)^5 = 7354.15

That is the amount that would be in the account at the end of the 5 years.

Then you take the cost of the car (8,000) and subtract the money left in the account (7,354.15).

8000 - 7354.15 = 645.85

Your final answer would be rounded to the nearest cent, or the hundredths place.

b

step-by-step explanation:

the total is 23.97. 0.25% is off so you have to subtracting 25% from 100% and you will get 75% if you convert it to decimal you will get 0.75. you have to find the original because the formula is % times original = total.so you have the total and the % so you just have to plug it in.

answer

see attachment

explanation

the given function is

this function has y-intercept at

-4 and a slope of 2.

note that, the graph has a positive slope.

the graph that represents this function is the straight line that moves upward from left to right.

the graph touches the y-axis at -4.

the correct choice is the graph shown in the attachment.