Answer:
20%
Step-by-step explanation:
70-56=14 14/70=0.2 or 20%
Answer:
Step-by-step explanation:
we know that
The compound interest formula is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
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
Answer: a is equal to b
Step-by-step explanation: