To find the total amount, you will use the formula for finding compounded interest. This means you will be paid interest on top of the interest you have earned each year.
A = P(1 + r)^nt
P stands for the principal.
r is the interest rate when compounded annually
nt is the number of years
A = 17.50(1 + 0.04)^25
A = $46.65
This person would have $46.65 after 25 years.
4d I think it is right hope that helps
Answer:
n = -4
Step-by-step explanation:
You must write and solve a symbolic equation.
n - 6 = 5(n + 2), or
n - 6 = 5n + 10
Combining like terms, we get:
-16 = 4n,
and so n = -4
