Find the 12th term2,8,32,128 ASAP
1 answer:
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Answer:
The total earned money over the 5 year period=$14,000
Step-by-step explanation:
We are given that
Principle amount, P=$10000
Rate of interest, r=8%
Time, t=5 years
We have to find the total earned money over the 5 year period.
We know that
Simple interest=
Using the formula
S.I=[tex]\frac{10000\times 8\times 5}{100}{/tex]
S.I=$4000
Now,
Amount=P+S.I
Amount=10000+4000
Amount=$14000
Hence, the total earned money over the 5 year period=$14000
Step-by-step explanation:
4325 * 32 = 138,400
5492 * 44 = 241,648
I have provided work to show how you would complete these problems. The work will be found in the attachments below.
