Answer:
The balance is
Step-by-step explanation:
we know that
The compound interest formula is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest in decimal
t is Number of Time Periods
n is the number of times interest is compounded per year
in this problem we have
substitute in the formula above
Answer: 23+32-3×4-52÷5+(7×4)= 60.6
Step-by-step explanation:
Answer:
your answer should be 0.96
Step-by-step explanation: