After giving 16 coins to Melissa, Juan had twice as many coins as Melissa. If they had 144 coins altogether, how many coins did
1 answer:
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Answer:
1+i
Step-by-step explanation:
The explicit formula for the compound interest geometric tell us: If P1 is invested at an interest rate of i per year, compounded annually, the future value Pn at the end of the nth year is:
For example if you have $10 at 5% at an interest rate of 5% per year.
Then if you want to know the amount of money at the end of the 2, 3 and 4 year, you have:
n=1 year P1=10
n=2 year
=10,5
n=3 year
=11.025
n=4 year
= 11.57625