Answer:
Results are below.
Step-by-step explanation:
Giving the following information:
Principal (P)= $2,500
Interest rate= 4%
Number of periods= 2 years
<u>First, we will determine the interest earned using the simple interest formula:</u>
I= P*r*t
I= 2,500*0.04*2
I=$200
<u>Now, using the compound interest formula:</u>
I= [P*(1 + r)^t] - P
r= 0.04/2= 0.02 (semi annual interest rate)
t=2*2= 4 semesters
I= [2,500*(1.02^4)] - 2,500
I= $206.08
Answer:
2.2
Step-by-step explanation:
<u> -6-5 </u> = -11/-5=2.2
-9-(-4)
Answer:
2 i think
Step-by-step explanation:
The answer will be B 179.17 cuz she will have a lot of money by the time 2 years will be up to pay 24 equal payments
Answer:c
Step-by-step explanation:
24≥(0.75*32) any number 32 or smaller would make this true
24<32