Answer:
Step-by-step explanation:
f(5)=49.5(0.88)^5
f(5)=$26.12
Answer:
When you multiply two integers with different signs, the result is always negative. Just multiply the absolute values and make the answer negative. When you divide two integers with the same sign, the result is always positive. Just divide the absolute values and make the answer positive.
Step-by-step explanation:
its easy as 1, 2, 3 lol
Answer:
What is the question?
Step-by-step explanation:
Answer:
Step-by-step explanation:
Compounding interest :
Future value of money = Present value * (1+ r)^N
r - interest rate
n - number of period
In our example, Present value = 325.76, FV = 400, r = 2%, and we need to find N
by solving that we can find it that N is equal to 10.3675
Simple interest :
400 - 325.76 = 74.26$ we need to increase
325.76*2% = 6.5152$ each year
74.26 / 6.5152 = 11.3949
as a whole year = 12years
