Step-by-step explanation:
f/p = p(1+i)^n
p= 2500
i=0.03 =3%
n=4
2500(1 + 0.03)^4
Answer: 3.14
Step-by-step explanation: it goes on forever but that is what most people use to calculate with
Answer:
c. it converges, it has a sum
Answer:
read the problem
Step-by-step explanation:
a. write down the facts and figures
b. read the problem
c. find a relationship between what is given and what must be found
d. do the work
