Answer:
<u>Step-by-step explanation:</u>
Elisa bought a car for $12,000 ten years ago. It has depreciated at a rate of 9% per year since she bought it. Write an expressi
1 answer:
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The answer is:
(Option 1).
(Option 4).
(Option 5).
The explanation for this answer is shown below:
1. The commutative property of addtion establishes that if you change the order of the addends, the sum will not change.
2. Let's say that and
are real numbers, Then they can added them to obtain a result
:
3. If you change the order, you will obtain the same result:
4. Therefore, the only options that show the applicaction of this property, are the options shown above.
For compound interest, the formula is given below:
Amount =
Here, P = 18,800
n = 2
r = 13/100
So, Amount =
= 18,800 × 1.2769
= 24005.72
Compound Interest = Amount - Principal
Compound Interest = 24005.72 - 18800
= 5205.72
Hence, the compound interest for Rs.18,800, calculated for 2 years at 13% rate of interest compounded annually is Rs.5205.72.