Answer:
Annually cumulating interest can be determined by the following formula:
W=P(1+r)^y
r represents the interest rate as a decimal, and P represents the starting amount of money.
Step-by-step explanation:
They are the same because if you add a zero it doesnt change it
Answer:
The principal amount was $23,393.45
Step-by-step explanation:
The total amount paid on a 35 year loan was $98,000 at the rate of interest 4.1%
We will calculate Principal amount by this formula

Where A = amount (98,000)
P = Principal amount (P)
r = rate of interest 4.1% (0.041)
n = number of compounding interest monthly (12)
t = time (35 years)



98,000 = P(4.189386)
= 4.189386P = 98,000
P = 
P = 23,392.4494 ≈ $23,392.45
The principal amount was $23,393.45
The answer to the question is a
Answer:
yes it is a function
Step-by-step explanation:
You have to take the numbers and see if any of them are the same in the X column if their are some of the same numbers you only write the number once. than you connect the numbers to the given output. If any numbers have 2 outputs it is not a function.