The correct answer is v(t) = (principal × time × 0.02) if calculated simply and v(t) = Principal × $( 1.02) ^ {time}$ where v(t) is the interest after t years .

Step-by-step explanation:

Principal amount invested by Shota is $2000.

Interest is earned at 2% per year.

Time for which the principal is invested is t years.

Therefore let the total interest be v(t) dollars in t years.

Case 1: Simple Interest.

v(t) = (principal × time × $\frac{r}{100}$ ) = (2000 × t × 0.02) = 40t

Case 2: Compound Interest.

v(t) = Principal × $( 1+ \frac{r}{100}) ^ {t}$ - Principal = 2000 × $( 1.02) ^ {t}$ - 2000.

7 0

4 years ago

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BARSIC [14]

Answer:

Add A question of the math Please

Step-by-step explanation:;:

7 0

2 years ago