Mmmmbrntnrjneuneunre unenriched
These are so easy, you won't believe it !
A negative exponent only means
"Put all of this in the denominator, and make the exponent positive."
So (any number)^negative power =
1 / (the same number)^(the same power but not negative) .
The first few problems on that sheet:
1). 5^-3 = 1 / 5^3
2). 6^-10 = 1 / 6^10
3). (-2)^-5 = 1 / (-2)^5
Got it ? You can do the rest of them now in about 2 minutes.
Answer:
$512.5
Step-by-step explanation:
Given data
P= $500
R=2.5%
T= 1 year
The compound interest formula is
A=P(1+r)^t
substitute
A=500(1+0.025)^1
A=500(1.025)
A=500*1.025
A=$512.5
Hence the balance is $512.5
