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Len [333]
3 years ago
15

16.5% of 4,371 is how much?

Mathematics
1 answer:
Paha777 [63]3 years ago
5 0

16.5% of 4,371 is:


721.215


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Answer:

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C. 16.4

Step-by-step explanation:

The formula to apply here is;

A=P(1+r/n) ^nt where

A=final amount

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t=time in years

Given ; P=$500, A=$750 , r=2.5%=0.025 , t=?,n=1

Substitute values;

A=P(1+r/n)^nt

$750=$500(1+0.025)^t

750=500(1.025)^t

750/500=(1.025)^t

1.5=(1.025)^t

log 1.5 =t log (1.025)

log 1.5/log 1.025 = t

16.4 =t

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Compound interest formula :brainly.com/question/12148233

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Step-by-step explanation:

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