2000 x 1.03^5 = $2318.55
i think this question is about compound interest so my answer should be correct i hope it helps
Answer:
The answer is less than one
Step-by-step explanation:
Because 1/2= less than 3
1 1/2= 3 and is less than 9
2 1/2= 5 not 15
Answer:
1
Step-by-step explanation:
as the maximum degree is 1
<h2>
Greetings!</h2>
Answer:
Area is 147.74
Step-by-step explanation:
You need to recall that the equation for the area of a rectangle is:
Length * Width = area
So 16 3/5 * 8 9/10 = area
Rearrange so the whole numbers are being multiplied and the fractions are too:
We need to make the denominator same, this can be done by simply multiplying 3/5 by 2:
3/5 * 2 = 6/10
Now the two numbers can be written as 16.6 and 8.9.
Multiply both numbers by 10:
166 * 89 = 14774
Then divide this by 100 (two lots of division by 10)
14774 ÷ 1000 = 147.74
So the area of the rectangle is 147.74!
<h2>Hope this helps!</h2>
The formula you want is: fv=p(1+int/c)^(nc)
future value
principal
int
compound
years