dente has been putting one penny in his bank everyday. now je has 161 pennies. for how many weeks has dente been adding pennies
2 answers:
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Answer:
Step-by-step explanation:
we know that
The compound interest formula is equal to
where
A is the total amount owed
P is the amount of money borrowed
r is the rate of interest in decimal
t is Number of Time Periods
n is the number of times interest is compounded per year
in this problem we have
substitute in the formula above