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koban [17]
3 years ago
5

What is 454/5893 you will get 100,0000000M Dollars in cash

Mathematics
1 answer:
serg [7]3 years ago
8 0

Answer:

0.07704056

Step-by-step explanation:

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Answer:

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Step-by-step explanation:

(see attached for reference)

the formula for compound interest is

A = P [1 + (r/n) ]^(nt)

Where:

P = Principal Amount = $500

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t = 4 years

n = 1 (compounded annually)

A = 500 [1 + (0.09/1) ]^(1 x 4)

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A = 500 [1.09 ]^(4)

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