The first thing you have to do is know the equation. The equation is a(1+p)^t.
a= the amount of money p= the percent represented as a decimal and t=time ( the t is raised as an exponent)
so, in this case, it is represented as 200(1+0.05)^2\
200(1.05)^2
200(1.1025)
220.5 That is how much extra he would owe in interest fee's
Answer:
9) A
10) B
11) A
12) D
13) C
14) A
15) C
16) D
17) E (not sure, can't see full choice)
18) B
19) C
Explanation:
Hope this is what you're looking for friend :)
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