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
Answer:
B: 7 ft
Step-by-step explanation:
the diameter is twice the radius
: 3.5 ft ×2
=7 ft
Answer:
3 and 29 OR 13 and 19
Step-by-step explanation:
they had the support of the military and common people who didn't like nobles to rule
<span>
</span>
