Answer: 8000
Step-by-step explanation:
Answer:
Step-by-step explanation:
we know that
The compound interest formula is equal to
where
A is the total amount owed
P is the amount of money borrowed
r is the rate of interest in decimal
t is Number of Time Periods
n is the number of times interest is compounded per year
in this problem we have
substitute in the formula above
Answer:
<em>Negative</em>
Step-by-step explanation:
Cristy is right because after the decimal point it starts with the tenths place not the ones