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A = P(1 + r)^n
where A is the amount after n years, P = principal( initial amount), r = annual rate as a decimal fraction and n = number of years
If interest is accumulated say monthly then it would be
A = P(1 + r/12)^12n
For quarterly replace the 12 by 4
Answer:
1/100
Step-by-step explanation:
1 out of 100 is 1 percent and 9 percent is much larger
I hope this helps you
if one day drops 1,2
one week 7 day drops 7×1,2=8,4
two week 14=2×7 day 2×8,4=16,8
