Answer:
The balance is
Step-by-step explanation:
we know that
The compound interest formula is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest in decimal
t is Number of Time Periods
n is the number of times interest is compounded per year
in this problem we have
substitute in the formula above
You want to calculate the interest on $2000 at5.8% interest per month after six years?
Here is your formula: I =p*r*t
P is the principal amount which is $2000
R is the rate of interest which is 5.8% per month
T is the time involved whihc is six years
You’re interest is 8352.00
Answer:
5.5 inches
Step-by-step explanation:
1) the formula to find the area of a square is l^2= area and l=length
in this case we already know the area but not the length
so we have to find the square root of 30 as the opposite operation needs to be used to find the missing number
so
√30= 5.47
5.47 rounded= 5.5
the length of one side is 5.5 in
-6.86666666667 this is the answer for your question