Use B=P(1+r/n) to find out the balance in marks account if he deposited 1950.00 at 2% Compounded daily for 4 years
1 answer:
You might be interested in
Answer:
50 units
Step-by-step explanation:
you use Pythagorean-theorem which means A^2+B^2 =C^2
It does not matter the order of A and B because it is adding. But C is the hypotenuse.
If we plug in the # this is what it looks like...
14^2 +48^2=C^2
or
48^2+14^2=C^2
14*14= 196
48*48=2,304
then you add
196+2,304=C^2
2,500= C^2
and you can use a calculator for this part you do 2,500
with the 2,500 you use the sign as in the picture and it gives you...
50
which means 50*50 = 2,500
