Sylvie needs $110 for a concert ticket. She already has $16 and she can earn the rest by working 10 hours at her job. If h repre
2 answers:
You might be interested in
The account will be worth $2368.20 in 7 years.
The compound interest formula is
where p is the principal invested, r is the interest rate as a decimal number, n is the number of times the interest is compounded yearly, and t is the amount of time.
3.35% = 3.35/100 = 0.0335.
Using our information, we have:
which comes out to $2368.20.
The compound interest formula is
where p is the principal invested, r is the interest rate as a decimal number, n is the number of times the interest is compounded yearly, and t is the amount of time.
3.35% = 3.35/100 = 0.0335.
Using our information, we have:
which comes out to $2368.20.