Principle(P)=$1000
Rate (r)=2%=0.02
Time=t=4 years
n=no of times the interest is compounded per year=4
Amount (A)=?
Then,
A=P{(1+r/n)}^(n×t)
=1000{1+0.02/4}^(4×4)
=1000×(1.005^16)
=1000 × 1.08307115
=1083.07115
=1083.07 (approx)
Thus at the end of 4 years the amount of money will be Rs 1083.070 approximately.
Hope this helps....
I am not too sure what the question is, but If she has a job that pays her $7.50/h she would have $2.50 extra to spend. That would be $20 of spending money she would make after a eight hour work day. Leaving her with a extra $40 she would deposit into her savings account after each day.
bearing in mind that an explicit form is simply the sequence written as a function of some variables, so we simply simplify and add like-terms.
I will sit down, if there is an open chair.
Answer:
5.86
Step-by-step explanation:
