Remember that
The compound interest formula is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest in decimal
t is the number of Time Periods
n is the number of times interest is compounded per year
in this problem we have
P=$1,700
t=5 years
r=1.53%=1.53/100=0.0153
n=12
Part A
substitute the given values
A=$1,835.06
therefore
<h2>The answer to Part A is $1,835.06</h2>
Part B'
Find out the interest
I=A-P
substitute given values
I=$1,835.06-$1,700
I=$135.06
<h2>The answer to Part B is $135.06</h2>
Answer:
The answer is 32 I had this on a K12 test 2 days ago also pls give me brainliest thx! :D
100-27=73
Therefore you paid 73% of the original price. That’s the remaining percentage
Answer:
No it isnt corret answer.