the answer is b)-7 or it could be 5
Answer:
=250(1.025)∧4t
Step-by-step explanation:
Using the compound interest formula we can find the expression for the total amount that accumulates in the given time t.
A=P(1+R/n)ⁿᵇ
where A is the amount, P the principal amount, R the rate as a decimal n is the number of times it is compounded and b the time.
When compounded annually, the expression becomes
A=250(1.1)∧t
When compounded quarterly, we introduce the n in our expression.
A=250(1+0.1/4)∧4t
=250(1.025)∧4t
Answer: -20 divided by 4.
Step-by-step explanation: I'm also doing this. I also don't really want to answer daily.
Because it is simple.you have to do a fewer calculations than if you saved money without it.
