2=12
i know that one for a fact u just have to mutiply
The formula is 2”6 hope I helped
Answer:
Step-by-step explanation:
It's arithmetic.
Just keep on adding 8 to each term.
-3 + 8 = 5
5 + 8 = 13
13 + 8 = 21
Answer: he would have $343.47 after 2 years.
Step-by-step explanation:
if he leaves his interest from the first year in the bank, we would assume that his interest was compounded. We would apply the formula for determining compound interest which is expressed as
A = P(1+r/n)^nt
Where
A = total amount in the account at the end of t years
r represents the interest rate.
n represents the periodic interval at which it was compounded.
P represents the principal or initial amount deposited
From the information given,
P = $300
r = 7% = 7/100 = 0.07
n = 1 because it was compounded once in a year.
t = 2 years
Therefore,.
A = 300(1 + 0.07/1)^1 × 2
A = 300(1.07)^2
A = $343.47
