It would be 25% I believe
A I’m pretty sure that’s the answer
Howard will make $156.25 in 5 years!
Answer:
$28360
Step-by-step explanation:
Step one:
Given data
P=20000
rate= 6%
time= 6years
Step two:
compound interest
A=P(1+r)^t
substitute
A=20000(1+0.06)^6
A=20000(1.06)^6
A=20000*1.418
A=$28360
Answer:
1 9/10
Step-by-step explanation:
3 1/10 = 3.10
1 1/5 = 1.2
3.1 - 1.2 = 1.9
1.9 = 1 9/10
Hope this helped!