Answer:
Step-by-step explanation:
Answer:
x = 30
Step-by-step explanation:
well from the theorem we have
yes i know you could say that the right way is
well if you notice they are the same only that in my way the x is in the numerator which means it will be far easier to know it's value :)
so
Answer:
$3027.80
Explanation:
The compound interest formula is the following.
where
A = final amount
P = principle amount
r = interest rate / 100
n = number of compounds per interval
t = time interval
Now in our case,
A = unknown
P = $1900
r = 10.4/100
n = 12 months / year ( because the interest is compounded monthly)
t = 4.5 yrs
Therefore, the compound interest formula gives
Using a calculator, we evaluate the above to get
which is our answer!
What is the question from the assignments you need help with?