Answer:
4,218.75
Step-by-step explanation:
Lets say that P is your starting principal (spelled -pal and not -ple, because Your Money is Your Pal), r is the interest rate (expressed as a decimal), and Y is the number of years you invest. Then your future value will be:
P (1 + rY) (Simple Interest)
P (1 + r)Y (Annually Compounded Interest)
Note the two formulas give the same answer for one year. After that, compound interest takes off.
Answer:
she spent 75%
Step-by-step explanation:
Answer:
0.875 is equivalent to 7/8
Leave a thanks if this helped
J

j=agv where a is a constant of proportionality.
j=1 when g=4 and v=5
1=a*4*5
1=20a
a=1/20
a= 0.05
j=0.05gv
When g=10 and v=9,
j=0.05*10*9
j=0.5*9
j=4.5