The formula is
A=p (1+r/k)^kt
A future value
P present value
R interest rate
K compounding periods
T time
When the compounding periods are daily balance after one year is
A=1,870×(1+0.197÷365)^(365×1)
A=2,277.06
When the compounding periods are monthly balance after one year is
A=1,870×(1+0.165÷12)^(12×1)
A=2,202.99
So will save
2,277.06−2,202.99
=74.07....answer
Hope it helps!
Answer:
c. 10
Step-by-step explanation:
Pythagoras theorem is used since it's a right angle triangle
26²-24²=a²
676-576=a²
√100=√a²
a=10
Answer:
550.0, 559.90, 569.98, 580.24, 590.68
Step-by-step explanation:
Just did it and got it wrong but this one is right.
