2,412 ÷ 25. pls show your work 1,889 ÷ 36. pls show your work
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Interest on interest, or compound interest, is the adding of interest to the principal sum of a loan or deposit. The account balance after a period of 5 years will be $1.63634×10²⁰.
<h3>What is compound interest?</h3>Interest on interest, or compound interest, is the adding of interest to the principal sum of a loan or deposit. It's the outcome of reinvesting interest rather than paying it out so that interest is received on the principal plus previously collected interest in the next quarter.
A = final amount
P = initial principal balance
r = interest rate
n = number of times interest applied per time period
t = number of time periods elapsed
Given the principal amount is $12,385, the rate of interest is 7.5%, and the time period is daily. Therefore, the amount can be written as,
Hence, the account balance after a period of 5 years will be $1.63634×10²⁰.
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<h3>Answer:</h3><h3>D</h3><h3 /><h3>Step-by-step explanation:</h3><h3></h3><h3>In a function, an input (x) value should have only one output (y) value.</h3><h3 />
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<em>Example: (View attached image below). </em><em>Table A</em><em> is a function because each </em><em>x </em><em>value has only 1 </em><em>y</em><em> value. But </em><em>Table B</em><em> is not a function because the </em><em>x value</em><em> of </em><em>4 </em><em>has </em><em>2 y values</em><em>.</em>