Answer:
Step-by-step explanation:
The initial amount invested is P0
Say it is compounded periodically either quarterly or monthly or semi annually with interest r%
If for a period interest is r%
Then after first period principal = principal+simple interest
=
where n is the no of times in a year it is compounded. n = 4 if quarterly, 12 if annually, etc
At the end of II period we have
Principal =
So for interest again the process is repeated
Thus we repeat this nt times which result in power with nt
Hence the formula
Answer:
Area of the semi circle is given by
Area of the triangle is given by,
Area of the given figure,
Find the solution set of x: x^2-7x= - 10.
Answer:
(x − 2)(x −5)
Step-by-step explanation:
x² - 7x = - 10
x² - 7x + 10 = 0
Find two numbers that when added together make −7 , and when multiplied make - 10.
The numbers − 2 and −5 fit the criteria.
x2− 7x + 10 = (x − 2)(x −5)
The answer is just 236,000 I hope it helps and is right
Answer:
$10278
Step-by-step explanation:
Given data
P= $6000
R= 8%
T= 7 years
The compound interest formula is
A=P(1+r)^t
substitute
A=6000(1+0.08)^7
A=6000(1.08)^7
A=6000*1.713
A=$10278
