They charge fees so they can cover there costs and return value to shareholders
After 1st year: 250$:100%=x$:116%, 250$*116%=x$*100%, x=(250*116)/100=290$. After 1st year I will have 290$
After 2nd year: 290$:100%=x$:116%, x=(290*116)/100=336.4$. After 2nd year I will have 336.4$
After 3rd year I will have (336.4*116)/100=390.224$
After 4th yr: (390.224*116)/100=452.65984$
After 5th yr: (452.65984*116)/100=525.085$
After- 6th yr: 609.1$, 7th yr: 706.556$, 8th yr: 819.605$, 9th yr: 950.742$
10th yr: 1102.86$, 11th yr: 1279.32$, 12th yr: 1484.01$, 13th yr: 1721.45$,
14th yr: 1996.88$, 15th: 2316.38$, 16th yr: 2687$, 17th yr: 3116.92$
After 18 years I will have 3615.63$.
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Step-by-step explanation:
Answer:
Step-by-step explanation:
The height is connected to the base of 16cm
Area = b * h
b = 16
h = 5
Area = b * h
Area = 16 cm * 5 cm
Area = 80 cm^2
