a model of a famous statue is 3 1/2 inches tall. the actual statue is 5 1/4 feet tall. what is the ratio of the height of the mo
1 answer:
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Answer:
$2,589.52
Step-by-step explanation:
We start with the compound interest formula above, where
A = future value
P = principal amount invested
r = annual rate of interest written as a decimal
n = number of times interest is compound per year
t = number of years
For this problem, we have
P = 2000
r = 0.026
n = 2
t = 10,
and we find A.