Amount earned in compound interest = P(1 + r)^n; where P is the principal, r is the rate and n is the number of periods.
Amount = 3,000(1 + 14%)^6 = 3,000(1 + 0.14)^6 = 3,000(1.14)^6 = $6,584.91
Answer:
$50,000
Step-by-step explanation:
We have an average of 10 livestock units per hectare
The number of units in 250 hectares will be;
250 * 10 = 2,500 units
Amount earned per unit is $20 per year
So, for 2,500 units, we have
2500 * $20 = $50,000
Answer:
The answer is I think B
Step-by-step explanation:
I just took the test
I used similarities in triangles
