1. The formula for annual compound interest, including principal sum, is:
A = P (1 + r/n)ⁿˣ
Where:
A = the future value = ?
P = the principal investment amount = $2000
r = interest rate = 4%
n = the number of times that interest is compounded per year = 4
x = the number of years = 5
Calculations:
A = 2000 (1 + 0.04/4)²⁰
A = 2000 (1 + 0.01)²⁰
A = 2000 (1.01)²⁰
A = 2000 ₓ 1.22
A = $2440.38
2. The formula for annual compound interest, including principal sum, is:
A = P (1 + r/n)ⁿˣ
Where:
A = the future value = ?
P = the principal investment amount = $50
r = interest rate = 48%
n = the number of times that interest is compounded per year = 12
x = the number of years = 2
Calculations:
A = 50 (1 + 0.48/12)²⁴
A = 50 (1 + 0.04)²⁴
A = 50 (1.04)²⁴
A = 50 ₓ 2.56
A = $128.16
3. The formula for annual compound interest, including principal sum, is:
A = P (1 + r/n)ⁿˣ
Where:
A = the future value = ?
P = the principal investment amount = $50
r = interest rate = 4%
n = the number of times that interest is compounded per year = 12
x = the number of years = 3
Calculations:
A = 50 (1 + 0.04/12)³⁶
A = 50 (1 + 0.003)³⁶
A = 50 (1.003)³⁶
A = 50 ₓ 1.12
A = $56.36
Answer:
Step-by-step explanation:
how many shapes of size A are in B ?
I counted 9.5
then just multiply the count * the size of A
got it?
P < 12
1. add 16 over
2. divide all by 3
