Given:
Principal value = 40000
Rate of compounded interest = 20%
Time = 2 years
To find:
The interest.
Solution:
Formula for amount is

Where, P is principal, r is rate of interest and t is time in years.
Putting the given values, we get





Now, the formula for interest is



Therefore, the amount of compound interest is 17,600.
How much money does Tony have in his savings?
Answer:
14
Step-by-step explanation:
8x-1 = 7x+13
type it into desmos next time
The answer is A because of the bar graph