Answer:
y=4
Step-by-step explanation:
2(y+1)-2=4+y
2y+2-2=4+y
2y=4+y
2y-y=4
y=4
We know that, Amount in Compound interest is given by :

Given : Principal = $2000
Given : Annual yield is 5% and the interest is compounded quarterly
It means : Interest is compounded 4 times in a year


Substituting all the values in the formula, we get :







I think the answer is false
Answer:
It would be negative
Explanation:
Answer:
3 3/5
Step-by-step explanation: