Answer:
The answer is the fourth option, 5.
Your answer to the question:
-12 4/5
And then decimal form:
-12.8
Answer:
Interest = $6,300 (Approx.)
Step-by-step explanation:
Given:
Amount deposit (P) = $26,000
Number of month = 36 month
Number of year (n) = 36 / 12 = 3 year
Rate of interest (r) = 7.5% = 0.075
Find:
Interest earned
Computation:
Interest = p[(1+r)ⁿ-1]
Interest = 26,000[(1+0.075)³-1]
Interest = 26,000[(1.075)³-1]
Interest = 6,299.71
Interest = $6,300 (Approx.)
An example of the difference of squares would be: a^2-b^2 = (a+b)(a-b)
