Answer:
a
Step-by-step explanation:
Answer:
0.566666666
Step-by-step explanation:
Answer:
d
Step-by-step explanation:
Answer:
2.56
Step-by-step explanation:
1.6^2 = 1.6 * 1.6 = 2.56
In this problem the question asked is what principal should be invested on a rate of interest of 3.6% for 10 years to get the totals amount as 50000$
the formula for compound interest is
A=P*(1+R/100)^T
we shall replace the formula
50000=X*(1+3.6/100)^10
50000=x*(100/100+3.6/100)^10
50000=x*(103.6/100)^10
50000=X*(1.036)^10
50000=1.4242x
50000/1.4242=X
35107.42=X
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pls out this as a brainliest answer please
