100 POINTS AND BRAINLIEST! Explain your answer PLEASE!
2 answers:
Answer:
$2,266.00
Step-by-step explanation:
Oh shoot I forgot to explain... disregard my answer please and thank you
Answer:
NOW GIVE ME M BRAINLIEST PLS
A
=
2265.41
$
Step-by-step explanation:
Explanation:
This can be solved using compound interest formula
A
=
p
(
1
+
r
n
)
n
t
p = principle interest
r = annual interest
n = number of times interest is compounded per year
t = number of years the amount is deposited or borrowed for
A = Amount after n years including balance
Here,
p = 2000
r = 2.5 / 100 = 0.025
n = 4
t = 5
so,
A
=
2000
(
1
+
0.025
4
)
4
⋅
5
A
=
2000
(
1.00625
)
20
A
=
2000
(
1.1327
)
A
=
2265.41
$
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Answer:
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Step-by-step explanation:
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Answer:
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Step-by-step explanation:
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Answer:

Step-by-step explanation:



Answer:
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