Answer: $2112.40
Step-by-step explanation:
r = 0.02 (2%)
n = 365 (daily for a year)
p = 1950
You wrote the formula wrong too:
B = P x (1+r/n)^nt
t = 4
B = 1950 x 1.08...
B = $2112.40
well, Diego is 4 now, so by his 18th birthday that'll be 14 years later.
![~~~~~~ \textit{Simple Interest Earned Amount} \\\\ A=P(1+rt)\qquad \begin{cases} A=\textit{accumulated amount}\\ P=\textit{original amount deposited}\dotfill & \$1600\\ r=rate\to 8.25\%\to \frac{8.25}{100}\dotfill &0.0825\\ t=years\dotfill &14 \end{cases} \\\\\\ A=1600[1+(0.0825)(14)]\implies A=1600(2.155)\implies A=3448](https://tex.z-dn.net/?f=~~~~~~%20%5Ctextit%7BSimple%20Interest%20Earned%20Amount%7D%20%5C%5C%5C%5C%20A%3DP%281%2Brt%29%5Cqquad%20%5Cbegin%7Bcases%7D%20A%3D%5Ctextit%7Baccumulated%20amount%7D%5C%5C%20P%3D%5Ctextit%7Boriginal%20amount%20deposited%7D%5Cdotfill%20%26%20%5C%241600%5C%5C%20r%3Drate%5Cto%208.25%5C%25%5Cto%20%5Cfrac%7B8.25%7D%7B100%7D%5Cdotfill%20%260.0825%5C%5C%20t%3Dyears%5Cdotfill%20%2614%20%5Cend%7Bcases%7D%20%5C%5C%5C%5C%5C%5C%20A%3D1600%5B1%2B%280.0825%29%2814%29%5D%5Cimplies%20A%3D1600%282.155%29%5Cimplies%20A%3D3448)
Answer:
−15+5h
Step-by-step explanation:
In this sequence d=10. Therefore, a24=188.
2 because 8 divided by 4 is 2.