Answer:
P = 2000 * (1.00325)^(t*4)
(With t in years)
Step-by-step explanation:
The formula that can be used to calculated a compounded interest is:
P = Po * (1 + r/n) ^ (t*n)
Where P is the final value after t years, Po is the inicial value (Po = 2000), r is the annual interest (r = 1.3% = 0.013) and n is a value adjusted with the compound rate (in this case, it is compounded quarterly, so n = 4)
Then, we can write the equation:
P = 2000 * (1 + 0.013/4)^(t*4)
P = 2000 * (1.00325)^(t*4)
Answer:
Simple interest is one of the most basic ways to calculate how much financing will cost you or how much you can earn on an investment. Check out our simple interest calculator to find out what you will pay or earn over time.
Step-by-step explanation: sorry lol
Answer:
$240
Step-by-step explanation:
Debbie's profit is the difference between her revenue and cost:
profit = revenue - cost
profit = $320 - 80
profit = $240
Debbie's total profit is $240.
The answer is D hope it helps
Alternate exterior angles(AEA).
Given their relationship the angles are congruent.
8x-71=5x+7
3x-71=7
3x=78
X=26