Amount in compound interest = p(1 + r/t)^nt where p is the initial
deposit, r = rate, t = number of compunding in a period and n = period.
Here,
Amount after t years = 103(1.02)^t
i.e. 1 + r = 1.02
r = 1.02 - 1 = 0.02
Therefore, annual interest rate = 0.02 x 100 = 2%
IF 9 IS ROUNDED TO THE NEAREST 10 IT WILL BE SO IF 9 THOUSHAND IS ROUNDAND TO THE NEAREST THOUSAND IT WILL BE 100 DONT WORRY ABOUT THE 755
Answer:
B
Step-by-step explanation:
You are the smartest person i know
Answer:
60%
Step-by-step: the percent increase in Maggie's rate of climbing steps from the end of week 1 to the end of week 4 = 60%