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professor190 [17]
3 years ago
12

PLSSSS HALLPP!!! DUE TODAY!!! PLS AND THANK YOU!!

Mathematics
1 answer:
3241004551 [841]3 years ago
7 0

Answer:

$100.4

Step-by-step explanation:

Compound Interest Formula:

A = P(1 + \frac{r}{100})^{t}

=> A = 100 x ( 1 + \frac{0.4}{100})^1 = 100.4 (If they asked ... interest rate ... per year, if not then depends - most likely to be days and therefore you will need to change 1 year = 365 days and you will also need to change 1 in the formula above to 365, then you will get the right ans)

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