The formula is
V (t)=V0(b)^t
V (t) the value of the assets after 5 (t) years ?
V0 current value of assets 600000
B=1-0.20=0.8
T 5 years
So the value of assets after 5 years is
V (5)=600,000×0.8^(5)=196,608
Answer:
Step-by-step explanation:
Yes, I know the answer but I don’t have the work sorry
Answer:
30 is the wrong one because it is not a factor of 100
30 60 90 120
20 40 60 80 100
Step-by-step explanation:
Over time, compound interest at any rate will outperform simple interest. When the rates are nearly equal to start with, compound interest will be greater in very short order. Here, it takes less than 1 year for compound interest to give a larger account balance.
In 30 years, the simple interest will be
... I = P·r·t = 12,000·0.07·30 = 25,200
In 30 years, the compound interest will be
... I = P·(e^(rt) -1) = 12,000·(e^(.068·30) -1) ≈ 80,287.31
_____
6.8% compounded continuously results in more total interest
Answer: The answer is that he cleaned one room
Step-by-step explanation:
Because he charged in total 77 dollars and he charged 77 dollars per room, so 77*1=77=c
