Help me pls!! I’ll give brainliest!!!
1 answer:
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Answer:
$2,895.19
Step-by-step explanation:
You are going to want to use the compound interest formula, which is shown below.
<em>P = initial balance </em>
<em>r = interest rate </em>
<em>n = number of times compounded annually </em>
<em>t = time </em>
First, change 8% into its decimal form:
8% -> -> 0.08
Now lets plug in the values into the equation:
The final amount for this investment is $2,895.19
Answer:
is the required relationship.
Step-by-step explanation:
We have bee give that the Yusuf earned a total of $180 from drying 12 identically-price pictures at a festival.
That means if we count earning for one picture is:
We need to find the relationship between P and E
Where, P is the price of the picture
And E is the earning.
If we put different values of P we will get the earning for the number of pictures.