You earn $2,400 in interest over the 2 years
Answer:
Fractions are the same things as division
Step-by-step explanation:
For example:
8/12
is the same thing as
8 ÷ 12
hope this helps
have a great day
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Answer:
the amount after 5 years using compound continuously is $135.03
Step-by-step explanation:
The computation of the amount after 5 years using compound continuously is as follows
= Principal × e^(rate × time period)
= $110 × e^(4.2% × 5)
= $110 × 1.227525065
= $135.03
Hence, the amount after 5 years using compound continuously is $135.03
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
1. C=35m?
2.C=700 or $700
Step-by-step explanation:
1. Total Cost= Rate x Number of Months
2. C=35m
Cost=rate x number of months
C=35(20)
C=700 or Total Cost=$700
Answer:
rate of exchange is -2/-2
