I’m going to say B I could be wrong
Answer:
Step-by-step explanation:
On Oct 11: 1INR=0.04976AED
Oct 27 1INR=0.05022AED
However It's Price was highest on Oct 9 when 1AED was equal to 20.2395 INR
Answer:
Step-by-step explanation:
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 = 10% = 10/100 = 0.1
n = 2 because it was compounded 2 times in a year(6 months).
t = 3 years
Therefore,
A = 300(1 + 0.1/2)^2 × 3
A = 300(1 + 0.05)^6
A = 300(1.05)^6
A = $402.03
