When calculating accrued interest over several years that compounds annually, you must calculate a new principle each year, adding the accrued interest from the previous year. At the beginning of the new interest period, all the accrued interest is added to the principal which forms a new principle figure that the interest is then counted on.
Answer: 15.7659
Explanation: the column the 4 is in is the ten thousandths column. Since the number after it is 8, which is bigger than 5, you round up to make is 15.7659
Answer:
B) $1..50
Step-by-step explanation:
First, how many trading cards did Naveen have?
87 + 9 - 16 + 3 = 83
$124.50 / 83 = $1.50
