If I remember correctly I’m pretty sure you need to subtract
Basically you need to multiply the percent by the number.
1) 5.1
2)7.9
3) 4
4)20
5)8.9
6) 4.2
7)5.2
8)15
I'am somewhat confident that some are right because iam not sure your suppose to round the nearst tenth
Answer:
$4,309.12
Step-by-step explanation:
The computation of the interest earned is given below:
But before that the amount would be
Amount = Principal × (1 + rate of interest)^number of years
= $6,000 × (1 + 0.07)^8
= $6,000 × 1.07^8
= $10,309.12
Now the interest earned is
= Amount - principal
= $10,309.12 - $6,000
= $4,309.12
