Compound interest is the starting amount x (1+ the interest rate as a decimal)^ the time in years=the final amount.

In your case, the equation will be $1000*(1+0.10)^how many years= the final amount.

7 0

3 years ago

If anyone can help.me to solve this!!

vovikov84 [41]

Answer:

good luck........................

5 0

8 months ago

Read 2 more answers

a gym teacher has a large canvas bag that contains 8 tennis balls, 2 volleyballs, 1 basketball, 3 baseballs, and 5 footballs. if

Serga [27]

Answer:

Step-by-step explanation:

5+1+3+8+2=19

3/19 = 16%

6 0

1 year ago