Kim has fraction 1 over 2 cup of almonds. She uses fraction 1 over 8 cup of almonds to make a batch of pancakes. Part A: How man
1 answer:
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Answer: 1902.36
Step-by-step explanation:
When interest is compounded monthly , the formula to find the accumulated amount is
, where P = principal value , r = rate of interest , t = time.
As per given,
r= 24% = 0.24
P= $1500
t= 1 year
Put all value in formula , we get
Hence, he need to pay $1902.36.