The formula of this equation would be
* 1.026^16 = 7,160.06
So from this equation we know that
Now we need to find the value of x, we need to multiply
* 1.026 16 times. Which will bring us to your answer. $
4,748.53
Well put 34 units on the left vertically and 17 units on the bottom hoizontially... fill it up and count how many you have
It would be for example: f-25
Step-by-step explanation:
50% interest annually.
that means he gets 50% interest of the invested capital every year.
and that means he gets 50% of $70 in one year.
70 = 100%
1% = 100%/100 = 70/100 = $0.70
50% = 1%×50 = 0.7 × 50 = $35
he will earn $35 interest in one year.
as you noticed: 50% simply means 1/2 (as 100% stands for the whole).
