Answer:
Total = principal * (1+ rate/100)^ years
Total = 2,000 * 1.05^5
Total = 2,000 * 1.2762815625
Total = 2,552.36
Source: http://www.1728.org/compint2.htm
Step-by-step explanation:
Answer:
A. 3
Step-by-step explanation:
Since there is a common difference of one, this is an arithmetic sequence of the form a(n)=a+d(n-1) which in this case is:
a(n)=15+1(n-1)
All arithmetic sequences have a sum which is equal to the average of the first and last terms time the number of terms, mathematically:
s(n)=(2an+dn^2-dn)/2 (that is just the result of ((a+a+d(n-1))(n/2)) )
Since a=15 and d=1 this becomes:
s(n)=(30n+n^2-n)/2
s(n)=(n^2+29n)/2 so
s(10)=(100+290)/2
s(10)=195 logs
Answer:
I am not sure on this one, sorry :(
Step-by-step explanation:
