Answer:
It is not C got it wrong.
Step-by-step explanation:
Answer:
Results are below.
Step-by-step explanation:
Giving the following information:
Principal (P)= $2,500
Interest rate= 4%
Number of periods= 2 years
<u>First, we will determine the interest earned using the simple interest formula:</u>
I= P*r*t
I= 2,500*0.04*2
I=$200
<u>Now, using the compound interest formula:</u>
I= [P*(1 + r)^t] - P
r= 0.04/2= 0.02 (semi annual interest rate)
t=2*2= 4 semesters
I= [2,500*(1.02^4)] - 2,500
I= $206.08
Answer: $428,500
Step-by-step explanation:
Since commission is 1% = 1/100
Let the missing amount be represented as p
From the question, 1/100 × p = 4285
1/100p = 4285
Divide both sides by 1/100 to get the value of p
p = $4285 ÷ 1/100
p= $4285 × 100/1
p = $428500; i hope this helps, please mark as brainliest answer.
Answer:
pee
Step-by-step explanation: