Answer:
Step-by-step explanation:
This is a compound interest formula expressed as:
Where:
- is time in years
- is the rate of interest
- is the accumulated amount after n years
- is the initial amount.
#We substitute the given values to determine amount after n years as follows:
Hence, the amount earned after n years is given by the expression
Answer:
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Step-by-step explanation:
Answer:
13
Step-by-step explanation:
All of these questions will be exponents and variables.