Please help
2 answers:
You might be interested in
To find the number of years between 1844 to 2015 you have to subtract.
Lets say that x is the # of years in between 1844 and 2015
Then we have:
After doing the subtraction using a calculator or a pencil and paper, you get that:
So 171 years have passed from 1844 to reach to 2015.
Lets say that x is the # of years in between 1844 and 2015
Then we have:
After doing the subtraction using a calculator or a pencil and paper, you get that:
So 171 years have passed from 1844 to reach to 2015.
Hello!
Lynne invested 35,000 into an account earning 4% annual interest compounded quarterly she makes no other deposits into the account and does not withdraw any money. What is the balance of Lynne's account in 5years
Data:
P = 35000
r = 4% = 0,04
n = 4
t = 5
P' = ?
I = ?
We have the following compound interest formula
So the new principal P' after 5 years is approximately $42,706.66.
Subtracting the original principal from this amount gives the amount of interest received:
________________________
I Hope this helps, greetings ... Dexteright02! =)