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Darya [45]
2 years ago
15

Felix has $100 in an account that earns 5% interest compounded annually.

Mathematics
1 answer:
meriva2 years ago
4 0

Answer:

$110.49

Step-by-step explanation:

100(1+0.05/12)^12(2)

The $100 increases by 5%, or 1.05, every year, and to find the interest after two years, we use the formula above. His value after the first year raises to $105, and then again by 5%, which is 110.49.

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What number is 25% of 400 please show work thank you
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Answer:

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Step-by-step explanation:

well, you can just use a calculator, or your mind if that's possible, to solve this.

at least, what i think you're asking.

400 × 0.25 = 100.

this one is extra easy because you should know that 25% is a quarter, and 400 can just be divided by 4 to get your answer.

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no

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