P = $2000, Rate, r = 6% = 0.06 per year, Time, t = 5 years.
For compound interest compounded annually:
A) Amount, A = P(1 + r)^t
A = 2000(1 + 0.06)⁵
A = 2000(1.06)⁵ ≈ 2676.45
Amount ≈ $2676.45
<span>B) Interest = Amount - Principal </span>
= 2676.45 - 2000 = 676.45
<span>Interest ≈ $676.45<span> </span></span>
Answer:
the answer is 0, have a nice day
Answer:
1, 2, 3, 6, 9, 18, 27, 54
Step-by-step explanation:
Answer: This is Discrete
Step-by-step explanation:
Just did the checkpoint
7x - 4 = 31
7x = 31 + 4
7x = 35
x = 35/7
x = 5
4y + 8 = 24
4y = 24 - 8
4y = 16
y = 16/4
y = 4