Round off 1,563,385 to the nearest million. A. 1,600,000 B. 1,563,400 C. 2,000,000 D. 1,563,000
2 answers:
You might be interested in
The final amount of the compound interest after 6 years would be $ 294, 122, 500
<h3>How to determine the final amount</h3>
The formula for the final amount is given as;
Where
A = final amount
P = principal interest
r = interest rate
n = number of times
t = time of periods
We have,
A =
A =
A = ×
A =$
Thus, the final amount of the compound interest after 6 years would be $ 294, 122, 500
Learn more about compound interest here:
#SPJ1