1/5
Step-by-step explanation:
(2,6) = 4/20 = 1/5
answer is 1/5
Answer:
975Ft
Using the compound interest formula to calculate the amount compounded after 10years.
P = principal = $2000
r = rate (in %) = 5.6%
t = time (in years) = 10years
n = 1year = time used in compounding
Amount compounded after 10 years is $3448.81