Answer:
125,000 * 1.0625^t years
Step-by-step explanation:
compound interest = increase in amount
100 + 6.25 = 106.25
106.25/100 = 1.0625
therefore, 125,000 * 1.0625^years
Answer:
173.80 interest, 4518.80 total
Step-by-step explanation:
4345 X .03(3%)=130.35/year
130.35/12=10.8625/month
10.8625 x 16 months = 173.80 interest over 16 months
4345+173.80=4518.80 total amount
It 5 hope it helps you have a good night
He would need 36 carmel squares to make 2 batches
