So I really don't understand what I'm doing....I would be glad if you helped
1 answer:
You might be interested in
Answer:
Variable is a symbol that represents a quantity in a mathematical expression, as used in many sciences. Variable (research), a logical set of attributes. Variable star, a type of astronomical star.
A constant, sometimes also called a "mathematical constant," is any well-defined real number which is significantly interesting in some way. A function, equation, etc., is said to "be constant" (or be a constant function) if it always assumes the same value independent of how its parameters are varied.
The final amount of the compound interest after 6 years would be $ 294, 122, 500
<h3>How to determine the final amount</h3>
The formula for the final amount is given as;
Where
A = final amount
P = principal interest
r = interest rate
n = number of times
t = time of periods
We have,
A =
A =
A = ×
A =$
Thus, the final amount of the compound interest after 6 years would be $ 294, 122, 500
Learn more about compound interest here:
#SPJ1