Answer:
37.5%
Step-by-step explanation:
I don't have a step-by-step explanation, and I don't know if this is right. It doesn't give me enough time to solve it. If an expert could check this, it would be highly appreciated!
Answer:
Base amount: $2,410.00
Interest Rate: 12% (yearly)
Effective Annual Rate: 12.68%
Calculation period: 3 years
$3,448.15
Step-by-step explanation:
The generic formula used in this compound interest calculator is
V = P(1+r/n)^(nt)
V = the future value of the investment
P = the principal investment amount
r = the annual interest rate
n = the number of times that interest is compounded per year
t = the number of years the money is invested for
After 63 seconds the tram moved 567 meters upward
6h-4
1. Substitute 5 for h
6(5)-4
30-4 =26