Answer:
4/25 or 0.16
Step-by-step explanation:
2/5 ^ 2 = 4/25
2/5 x 2/5 = 4/25 or 0.16
Answer:
2.5 years
Step-by-step explanation:
Interest= P×R×T÷100
T= 100I÷P×R
T= 100×400÷8000×2
T= 40000÷16000
T= 5÷2
T= 2.5 years
Answer:
??????????
Step-by-step explanation:
1908
Step-by-step explanation:2% of 1800 is 36 36 x 3 is 108 + 1800 =1908
Answer:
the amount that should be worth in 25 years is $2,155,770
Step-by-step explanation:
The computation of the amount that should be worth in 25 years is shown below:
As we know that
Future value = Present value × (1 + rate of interest)^number of years
= $250,000 × (1 + 0.09)^25
= $250,000 × 1.09^25
= $2,155,770
Hence, the amount that should be worth in 25 years is $2,155,770