Hi there
The formula is
A=pe^rt
A future value?
P present value 1400
R interest rate 0.055
T time 6 years
E constant
So
A=1,400×e^(0.055×6)
A=1,947.36
Hope it helps
Answer:
yes i will help you
Step-by-step explanation:what are you struggling with
To get the mean or average.
You divide 725 from 5.
725/5 = 145
Her average is $145 per day.
Hope this. helps!
The answer is 8.5% interest compounded daily.
EXPLANATION
Regardless of your rate, the more often interest is paid, the more beneficial the effects of compound interest.
A daily interest account, which has 360 compounding periods a year, in this case, will generate more money than an account with an annual compounding, which has one compounding period per year.
A= n+3
so the next term would be 8
