I don’t think I can help you sorry
We can set up this equation using this formula:
a = p(1 + r/n)^nt
p = starting amount.
r = interest.
n = number of times it's compounded in a year
t = years
We'd set it up like this:
a = 50(1 + ?/1)^1(12)
Because we're missing the amount of interest, it would be impossible to tell what the amount would be after 12 years.
Answer:
The answer is 250 in interest.
Step-by-step explanation:
I=prt, I=(500)(0.05)(10)
The correct answer is C. 20 characters
