Answer:
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Step-by-step explanation:
<span> When raising an number to zero power you will always get 1. you raise both the numerator and the denominator</span>
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Hello! So the formula for compound interest is P(1 + r)^t, where r = rate, P = principal, and t = time (years). C is out, because you multiply the rate and principal together to get the price, not add. You raise the decimal to a certain power, based on the amount of years. You add 1 to the rate. 5% in decimal form is 0.05 and you must add 1 to the amount, which eliminated B. The only answer that works is A, because it shows the correct formula. The answer is A.
Answer:
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Step-by-step explanation:
