Answer:
The amount is increasing and is increasing by 3.34% each year?
Step-by-step explanation:
Anything times a number higher than 1 will increase. 10125×1.83=18528.75.
Answer:
$25,193.17
Explanation:
Given:
• Principal Felipe borrowed, P=$8000
,
• Annual Interest Rate, r=16.5%=0.165
,
• Compounding Period, k=12 (Monthly)
,
• Time, t=7 years
We want to determine how much he will owe after 7 years.
In order to carry out this calculation, use the compound interest formula below:

Substitute the values defined above:

Finally, simplify and round to the nearest cent.

After 7 years, Felipe will owe $25,193.17.
Are you trying to add together everything she made in a span of time? If so:
22 + 55 + 38 + 25 = 140
Answer: .
Step-by-step explanation: