What decimal is represented by this expanded form? 5 x 10,000 3 x 1,000 2 x 10 8 x 1 6 x 1/100 4 x 1/1000
1 answer:
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Answer:
Step-by-step explanation:
we know that
The compound interest formula is equal to
where
A is the total amount owed
P is the amount of money borrowed
r is the rate of interest in decimal
t is Number of Time Periods
n is the number of times interest is compounded per year
in this problem we have
substitute in the formula above