A baseball is thrown without any spin. Would you consider the baseball to be in motion?
1 answer:
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Answer: $ 82,531.59.
Step-by-step explanation:
Formula to calculate the accumulated amount compounded daily:
,where P=principal amount, t=time ( in days ), r =rate of interest.
Given: P= $51,123.21
r =
t= 20 years 2 months
[1 year = 365 days, 1 year = 12 months]
Substitute all values in the formula, we get
hence, future value = $ 82,531.59.
