This is the formula for compounded interest.
P is the principal investment,
r is the rate (6%=0.06)
n is the number of times compounded per year (n=12 is monthly, n=2 is twice per year)
T is the number of years past
And A is the amount of money after t years with a rate r compounded n times per year staring at P amount
Final answer:
n is the number of times per year the interest is compounded.
Hope I helped, and sorry it took this long for you to get an answer.
Answer:
x = 5
Step-by-step explanation:
9/15 = 3/x
x = 5
A,B,C,D,E
AB, AC, AD, AE
BC, BD, BE
CD, CE
DE
10
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