Answer:
Under compound interest, not only does the principal generate interest, so does the previous accumulated interest. The future value F of P dollars compounded annually for t years with an annual percentage rate (APR) r expressed as a decimal is .
Answer:
R4491
Step-by-step explanation:
Answer:
$168
Step-by-step explanation:
273 dollars for 13 hours of work is a unit rate of 273/13=21 dollars per hour. Multiplying this by 8 hours of work, you get 168 dollars. Hope this helps!
At the end of week 2 his balance was 265
and at the end of week 3 his bank balance was 240$