Compound interest is given by:
A=p(1+r/(100*n))^(nt)
where;
A=future amount
p=principle amount=$35,000
r=rate=10%=0.1
n=number of terms=2
t=time=6
Hence,
A=35,000(1+0.05)^(2*6)
A=35000(1.05)^12
A=$62,854.97
The amount of money after 6 years will be $62,854.97
Answer:
True
Step-by-step explanation:
Answer:
Find the area of a cardboard box with a length of 9 inches and a width of 4 inches.
Step-by-step explanation:
9 in × 4 in = 36 in²
Well you can find the solution using the calculator
The answers:
27
33.9
18.97
34.85
Answer:
Step-by-step explanation:
Area of rectangle = Product of sides
