When calculating accrued interest over several years that compounds annually, you must calculate a new principle each year, adding the accrued interest from the previous year. At the beginning of the new interest period, all the accrued interest is added to the principal which forms a new principle figure that the interest is then counted on.
Answer:
POW
Step-by-step explanation:
Answer:
5m^2
Step-by-step explanation:
Given data
Length of board= 2.50m
Width of board= 2m
The cover need should have the same area as the board
Area= Length*Width
Area= 2.5*2
Area=5m^2
Hence the area of the cover is 5m^2
