Answer:
Future amount of penguin = 4,772.70
Step-by-step explanation:
Given:
Current amount of penguin = 2,000
Growth rate r = 19% = 0.19
Number of year n = 5
Find:
Future amount of penguin
Computation:
Future amount of penguin = Current amount of penguin[1+r]ⁿ
Future amount of penguin = 2000[1+0.19]⁵
60
Use proportions like shown. 4/6 is 1.5 and if you multiply 40 by 1.5 it equals 60.
z³ = 64
z³=4³
since power is equal, base will be same
z=4
b ) a loan given for a short period of time that is not dependent on credit history
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