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Allisa [31]
2 years ago
8

Principle 1600, rate 6 ,time 2.5 years find CI​

Mathematics
1 answer:
shutvik [7]2 years ago
5 0

Answer:

C.I = $251.2

Step-by-step explanation:

P = Principal amount = 1600

r = rate of annual interest = 6%

n = period / no. of years = 2.5 years

C.I = (P* (1+r^n))-P

C.I = (1600*(1+0.06)^2.5))-1600

C.I = (1600*(1.06^2.5))-1600

C.I = (1600*1.157)-1600

C.I = 1851.2-1600

C.I = 251.2

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a) We kindly invite to check the image attached below to see a detailed graph of the <em>piecewise</em> function.

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<h3>How to understand a piecewise function</h3>

A <em>piecewise</em> function is a <em>conditional</em> combination of two or more functions, whose expression depends on which value of the domain is the function evaluated at.

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