Step 1: Multiply the Principal, which is the amount borrowed, by the interest rate.
Step 2: Compute compound interest using the following formula: A= P(1+r/n)
Hope this helps u
Answer:
158 natural numbers
158 natural numbers from 78 to 234, and 699 whole numbers from 24 to 721. Step-by-step explanation: Natural numbers are positive integers (whole numbers), so all numbers from the range of 78 to 234 would be included, including 78 and 234 itself.
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Steve will earn $160 interest after four years ⇒ 1st answer
Step-by-step explanation:
The formula of the simple interest is I = Prt, where
- P is the initial deposit
- r is the annual rate in decimal
- t is the time of investment
∵ Steve opens a bank account with a simple annual interest rate of 5%
∴ r = 5% = 5 ÷ 100 = 0.05
∵ His initial deposit is $800
∵ He will put the money for four years
∴ t = 4
- Substitute all these values in the formula above
∵ I = 800(0.05)(4)
∴ I = 160
Steve will earn $160 interest after four years
Learn more:
You can learn more about the interest in brainly.com/question/13018049
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5x^4
Step-by-step explanation:
simply we take 5x^4 bec. it can be divided by 40 and 135
