I think it’s ordinary annuity
I think this might be the answer you're looking for m^3n/p^2
Answer:8 days and 12 hours
Step-by-step explanation:30$ is each day
12,6
10,5
Im not 100% sure if its right but thata the answer i get
Answer:
450
Step-by-step explanation:
A = P(1 + rt)
A = final amount
P = initial principal balance
r = annual interest rate
t = time(in years)
Given,
P = 3000
t = 2 years
r = 7.5% = 7.5/100 = 0.075
A = 3000(1 + 0.075*2) = 3450
Interest = 3450 - 3000 = 450
