If you would like to know how much money will Gerold have at the end of 5 years, you can calculate this using the following steps:
1 year: $118 + 6% * $118 = 118 + 6/100 * 118 = 118 + 7.08 = $125.08
2 year: $125.08 + 6% * $125.08 = 125.08 + 6/100 * 125.08 = 125.08 + 7.50 = $132.58
3 year: $132.58 + 6% * $132.58 = 132.58 + 6/100 * 132.58 = 132.58 + 7.95 = $140.53
4 year: $140.53 + 6% * $140.53 = 140.53 + 6/100 * 140.53 = 140.53 + 8.43 = $148.96
5 year: $148.96 + 6% * $148.96 = 148.96 + 6/100 * 148.96 = 148.96 + 8.94 = $157.9
The correct result would be $157.9.
Answer:IDK
Step-by-step explanation:I have the SAME QUESTION.
I believe that the slope would be 4/2 or 2, but i wouldn’t take my word for it
Hello,
Answer:
4,8
Step-by-step explanation:
<u>what would be 12% of 40 ? </u>
12% × 40 = 12/100 × 40 = 0,12 × 40 = 4,8
