Answer:
=$23,350.802
Step-by-step explanation:
Compound Interest (A)=P(1+r/n)^nt
Where,
P=principal=$20,000
r=Interest rate=7.77%=7.77/100
=0.0777
n=number of periods=12 month in a year
t=time=2 years
(A)=P(1+r/n)^nt
=$20,000(1+0.0777/12)^12×2
=$20,000(1+0.006475)^24
=$20,000(1.006475)^24
=$20,000(1.1675401)
=$23,350.802
Answer:
The answer is C
Step-by-step explanation:
the y-intercept is going through 0 therefore there would be no "b" in the y=mx+b formula
The slope, if you have a graph, is the angle the line is going down so look at this graph:
Answer:
20.935
Step-by-step explanation:
19.75×6/100=1.185
19.75+1.185=20.935
