Answer:
$115.92
Step-by-step explanation:
To calculate compound interest, which Amount - Principal but we dont know the value for amount so we find the amount first by using the formula.
A = P ( 1 + <u>R</u> ) ^n
100
where p = principal ($800)
a = amount (?)
r = interest rate (7%)
n = time ( no of years) (2)
A = 800 ( 1 + <u>7 </u>) ^2
100 A = 800 ( 1 + 0.07) ^2
A = 800 ( 1.07)^2 = 800 ( 1.1449)
A = 915.92.
We then find compound interest with:
C = Amount - Principal = $915.92 - $800 = $115.92
Answer:
7/1 you can simplify the top and bottom by 3
Step-by-step explanation:
Answer:
The answer is (-16.6)
Step-by-step explanation:
y/2 ≥ -8.3
y ≥ (-8.3) × 2
y ≥ -16.6
Thus, The value of y is (-16.6)
<u>-TheUnknownScientist 72</u>
Answer:
he will have saved 45$
Step-by-step explanation:
if you take 2 from every 5 and 5 x 15 = 150, you would do 2 x 15 and get 30. So, the answer is 30$
3.264 x 10^1 hope this helps :)
