We know the compound interest formula is given by
Now, we have been given that 24,000 is invested for 2 years with an APR of 6% and daily compounding. Thus, we have
On substituting these values in the above formula for the compound interest, we get
Therefore, the balance in the account after 2 years is 27059.7
When you divide, you're doing the oposite of multiplication. To know that your partical answer is going to be in the hundreds place is you follow the pattern.
2874/3=958
you take the 3 and you divide it by the last two didits of the number given (28) and that'll get you into your hundreds place.
Hope this helped! :-)
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Answer:
A. 36
Step-by-step explanation:
65+79=144
180-144=36