Answer:
a. $ 2,431.01 = 4 years
b. $ 4,584.04 = 17 years
c. 4.57 years = $ 2,499.57
d. 8.3 year = $ 2,998.48
e. $ 2,431.01 = 4 years
Step-by-step explanation:
Compound Interest Equation
A = P(1 + r/n)nt
Where:
A = Accrued Amount (principal + interest)
P = Principal Amount
I = Interest Amount
R = Annual Nominal Interest Rate in percent
r = Annual Nominal Interest Rate as a decimal
r = R/100
t = Time Involved in years, 0.5 years is calculated as 6 months, etc.
n = number of compounding periods per unit t; at the END of each period
Answer:
Correct I think
Step-by-step explanation:
9 is nearly half of 25. (12.5) Half is equal to 50%. 40 is close to 50 and 9 is close to 12.5. So, he is correct. I think, hope this helps.
Answer:
<h2>

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Step-by-step explanation:
<h3>to understand this</h3><h3>you need to know about:</h3>
- inequality
- distribution
- PEMDAS
<h3>given:</h3>
<h3>to solve:</h3>
<h3>let's solve:</h3>






therefore,

Answer:
13m-26mr boom that's it
Step-by-step explanation:
i think