Answer:
$2,699.72
Step-by-step explanation:
Given that
The deposited amount is $2,000
The annual rate of interest is 6%
And, the time period is 5 years
We need to find out the amount that would be in the account in the case when it is compounded daily
So,
The following formula should be used
= Deposited amount × e^(rate, time period)
= $2,000 × e^(0.06,5)
= $2,000 × e^0.3
= $2,699.72
The answer will be p = i/rt instead. You just flipped the process by mistake :)
The first number they will both say will be the least common multiple of 9 and 4.
9,18, 27, 36
4, 8, 12, 16, 24, 28, 32, 36
The first number they will say together is 36.
Answer:
3,240
Step-by-step explanation: