<h3>Answer: $26.62 </h3>
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Work Shown:
P = 20 is the amount deposited
r = 0.10 is the decimal form of the 10% interest rate
n = 1 means we compound 1 time per year (annually)
t = 3 is the number of years
Plug those four values into the compound interest formula below
A = P*(1+r/n)^(n*t)
A = 20*(1+0.1/1)^(1*3)
A = 20*(1+0.1)^(3)
A = 20*(1.1)^(3)
A = 20*1.331
A = 26.62
Answer:
354
Step-by-step explanation:
Answer:
Oh yeah I don’t know not one bit since this picture is stupidly low
Step-by-step explanation:
Get. A better camera
Micah spends $33.72 and jeremay spends $40.44