Question

Can someone help? Question above. Thank you!

Answer 1

Answer:

The answer is the top left choice.

Step-by-step explanation:

Answer 2

Answer: $P(1+\dfrac{r}{100})^n$

Step-by-step explanation:

We know that the exponential equation for growth is given by :-

$y=A(1+\dfrac{r}{100})^t$, where A is the initial amount , r is the rate of growth ( in percent) and t is the number of time period.

Similarly,

If P is the principal amount or initial amount deposited or borrowed.

r is the interest rate over a given period ( in percent).

n is the number of times that the interest is compounded.

Then, the total accrued using compound interest will be :-

$A=P(1+\dfrac{r}{100})^n$

Hence, the correct expression for the total accrued using compound interest : $P(1+\dfrac{r}{100})^n$