Hi there
Ending balance
Previous balance+finance charge-payment
Find the finance charge
500×0.012=6
Ending balance
500+6−100=406
Good luck!
I'm not completely sure, but this should be exponential growth.
If so, the equation for exponential growth is: y = a(1 + r)^t
If I substitute them with the information you gave me, then is would look like this:
y = 281.4(1 + 0.02)^t
**t = is the number of years after 2000 (based on your question)**
Finished!
Answer:
step by step lang Po keep learning
Interest = p times R times T
Answer:
The correct answer is A
Step-by-step explanation:
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