Answer:
A = $100(1.12)^2
Step-by-step explanation:
The standard formula for compound interest is given as;
A = P(1+r/n)^(nt) .....1
Where;
A = final amount/value
P = initial amount/value (principal)
r = rate yearly
n = number of times compounded yearly.
t = time of investment in years
For this case;
P = $100
t = 2years
n = 1
r = 12% = 0.12
Substituting the values, we have;
A = $100(1+0.12)^(2)
A = $100(1.12)^2
Yes it is a even number because the numbers that add up may equal the equal number if that answer is correct
Answer:
the answer is 26.3157895
Step-by-step explanation:
Let me know if this helps
Answer:
That is wrong the reason is that you are supposed to divide the minutes by the miles
Step-by-step explanation:
If you want to find out how much you jogged per minute, then divided the minutes by miles to find out how many miles you ran per minute which is the same as jogged per minute.
