Hi there
The formula of the future value of simple interest is
A=p (1+rt)
A future value?
P principle 750
R interest rate 0.09
T time 5years
So
A=750×(1+0.09×5)
A=1,087.5
Good luck!
Unit rate if your finding how much one cost.
Answer:
Roughly 2 years
Step-by-step explanation:
3500(1.05)^t=3850
(1.05)^t=1.1
t=1.953
So roughly 2 years
Answer:
5/6
Step-by-step explanation:
rise over run
50/60= 5/6