Answer:
that answer was wrong your dum
Step-by-step explanation:
<h3>Given:</h3>
- P= $50,000
- R= 10%
- T= 5 years
<h3>Note that:</h3>
- P= Principal amount
- R= Rate of interest
- T= Time period
<h3>Solution:</h3>
Let's substitute according to the formula.
<em>A=</em><em> </em><em>$80525.5</em>
Now, we can find the interest paid
We'll have to deduct the total amount from the principal amount.
Let's substitute according to the formula.
<em>I=</em><em> </em><em>$30525.5</em>
<u>Hence</u><u>,</u><u> </u><u>the</u><u> </u><u>total</u><u> </u><u>amount</u><u> </u><u>paid</u><u> </u><u>after</u><u> </u><u>5</u><u> </u><u>years</u><u> </u><u>is</u><u> </u><u>$</u><u>80525.5</u><u> </u><u>and</u><u> </u><u>$</u><u>30525.5</u><u> </u><u>was</u><u> </u><u>paid</u><u> </u><u>as</u><u> </u><u>interest</u><u>.</u>
Answer:
The investment at the end of the period will be $584.89.
Step-by-step explanation:
FV = PV e⁽ⁿˣ⁾
FV = Future Value = ?
PV = Present Value = $396
n = Interest Rate = 13%
x = time in years = 3
e = mathematical constant = 2.7183
FV = 396 x 2.7183⁽⁰°¹³ ˣ ³⁾
FV = 396 x 1.4770
FV = $584.89
Answer:
0.00065104166
Step-by-step explanation:
Answer:
H
Step-by-step explanation: