Answer:
Explanation:
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The formula to find compound interest is
A = P ( 1 + r/n )^nt
Use this to solve your problem.
A = 5,000 ( 1 + 0.08/1 )^1•2
A = 5,000 • 1.1664
A = 5,832
Now this question is only asking about the interest gained. To find this, subtract the original amount from the new amount.
5,832 - 5,000 = 832
Your answer is $832
The correct answer is Egypt! Just took a quiz and got this right.
1. b
2.d
3.b
hope this helps
The country that became involved in the Korean War to stop the spread of communism is the United States.
