You use the first formula. You plug in the values to get A=400(1+(0.05/1))^6. You should get approximately $536.04. I used 0.05 because you need to change the percent to a decimal, and 1 for n because it is compounded annually, meaning once a year.
Answer:
2,242.5
Step-by-step explanation:
10² = 100 (one and 2 zeros ; notice that the exponent is 2 )
Makes sense that we will need a bigger number than 22.425 to divide by 100 to get a 22.425 so move the decimal point to the left 2 spots and get 2,242.5.
2,242.5 /100 = 22.425
Answer:
2%
Step-by-step explanation:
Answer:
b=200 and m=200
Step-by-step explanation:
There are many answers to this problem. You can replace b and n for the number 200. You need to find what two numbers, added up, will give you 400. If b=200 and m=200, when added up, it will give you 400.
Answer:839
Step-by-step explanation:
747373747;!,7!:73!37
