Answer:
Approximately $594.38
Step-by-step explanation:
Use the formula: y = a(1 + r)^t
a is the initial amount
r is the percent of interest in decimal form
t is the time in years
y is the money after t years
Substitute the values given in the problem into the equation:
400(1+0.02)^20
Use a calculator or solve manually
Around 594.38
Well to find this its quite simple.
Just divide 200,000 by 100 to get the answer of:
2,000
<em>~Hope this helped :)</em>
25 1/2 is 51/2, or 102/4. If we're cutting into 3/4 inch pieces, we have (102/4)/(3/4)=34 pieces.
the power (or exponent) of a number says how many times to use the number in a multiplication. It is written as a small number to the right and above the base number. In this example the little "2" says to use 3 times in a multiplication: 2x2x2= 8