Answer:
i think the answer is going to be 3
Step-by-step explanation:
Answer: Times 5
Step-by-step explanation:
Answer:
The annual interest rate would have to be of 0.1%.
Step-by-step explanation:
Compound interest:
The compound interest formula is given by:
Where A(t) is the amount of money after t years, P is the principal(the initial sum of money), r is the interest rate(as a decimal value), n is the number of times that interest is compounded per year and t is the time in years for which the money is invested or borrowed.
Jerod hopes to earn $1200 in interest in 4.9 years time from $24,000 that he has available to invest.
This means that:
Compounded monthly:
This means that
What would the annual rate of interest have to be?
We have to solve for r, so:
The annual interest rate would have to be of 0.1%.
Finland behind a new of discrimination against Jews and the most common forms of discrimination which existed against discrimination
Is there an article or a text that you have to do this off of??