Answer:
4,218.75
Step-by-step explanation:
Lets say that P is your starting principal (spelled -pal and not -ple, because Your Money is Your Pal), r is the interest rate (expressed as a decimal), and Y is the number of years you invest. Then your future value will be:
P (1 + rY) (Simple Interest)
P (1 + r)Y (Annually Compounded Interest)
Note the two formulas give the same answer for one year. After that, compound interest takes off.
If you would like to find the decimal number which is equivalent to 1/10, you can do this using the following step:
1/10 = 0.1
The correct result would be B. 0.1.
3.2 less days than 16 because each 25 is 5 than 16 divide by 5 is 3.2
76.25 is the answer because 1525 divided by 20 equals 76.25
Answer:
I don't know if I'm right at all
x 1/2 2
5 × x2 ^
