-5, 5 there u go cuhhhhhhhhh
Answer:
If using simple interest, the formula is:
= Amount * ( 1 + rate * time)
= 20,000 * ( 1 + 4% * 5)
= $24,000
Interest = Balance after 5 years - Investment
= 24,000 - 20,000
= $4,000
Using Compound Interest:
= Amount * ( 1 + rate)^time
= 20,000 * ( 1 + 4%)⁵
= $24,333.06
Interest = 24,333.06 - 20,000
= $4,333.06
Answer:
x=39
Step-by-step explanation:
Answer:
-$36
Step-by-step explanation:
Daniel has a starting balance of $259, so anything he spends will be deducted by this amount. To find out how much he spent, we need to add up everything he bought.
He spent $45 + $150 + $100, adding to a grad total of $295.
To find out how much money Daniel has left, we need to subtract his purchases from his funds. This would be $259 - $295. This leaves you with a final answer of -$36 in Daniel's bank account.
