ANSWER : $1,215.51
P= Principal = $1000
R= rate = 5% = 0.05
N= number or periods in 1 year (1 time pre year)
T= time expressed in years = 4 years
A= P (1 + r/n) nxt
= 1,000 (1+ 0.05/1) 1x4
= 1,215.51
Where’s the rest of the info??
Answer:
Step-by-step explanation:
→ Find the LCM of the denominators (2,4 and 8)
LCM = 8
→ Multiply the whole equation by 8 to get rid of the fractions
4x + 6 = 7
→ Minus 6 from both sides to isolate 4x
4x = 1
→ Divide both sides by 4 to isolate x
For this case we have an equation of the form:
y = A * (b) ^ t
Where,
A: initial amount
b: growth rate
t: time
The given equation is:
a = 1300 (1.02) ^ 7
Where,
b = 1.02
It represents a growth of 2% on the initial amount.
Answer:
1.02 represented in this equation a growth of 2% on the initial amount.
Answer:
About 527.79
Step-by-step explanation:
formula is A=2πrh+2πr^2
