The standard form for 2,350,400,000 would be 2.3504*10^9.
Answer: 2.3504*10^9.
Answer:
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Step-by-step explanation:
Answer:
Step-by-step explanation:
Answer: a=51
Step-by-step explanation:
Answer:
If Avery decides to deposit $7,000 for 5 years, the bank would be the better deal would be bank is offering a rate of 3%
compounded annually
Step-by-step explanation:
In order to calculate which bank would be the better deal If Avery decides to deposit $7,000 for 5 years, we would have to make the following calculation:
simple interest rate of 32%.
Therefore, I= P*r*t
=$7,000*32%*5
=$11,200.
compound interest rate of 3%
Therefore, FV=PV(1+r)∧n
FV=$7,000(1+0.03)∧5
FV=$8,114.
If Avery decides to deposit $7,000 for 5 years, the bank would be the better deal would be bank is offering a rate of 3%
compounded annually
