Respuesta :

tandd003208

Answer:

$13286.02

Step-by-step explanation:

100 + 8 = 108

108 / 100 = 1.08

6154 x [tex]1.08^{10}[/tex] = $13286.02

mhanifa

Answer:

  • $ 11077.20 or $ 13286.02

Step-by-step explanation:

Since it doesn't specify the interest type, we'll consider both simple and compound interests.

Given:

  • Principal P = $6154
  • Interest rate r = 8% or 0.08
  • Time t = 10 years

Simple interest:

  • [tex]A = P(1+rt) = 6154( 1 +0.08*10) = 11077.20[/tex]

Compound interest (compounded annually):

  • [tex]A=P(1+r)^t=6154(1+0.08)^{10} = 13286.02[/tex]

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