Hello There!
An example of this would be:
6 =
=
= 24
Hope This Helps You!
Good Luck :)
- Hannah ❤
An example of this would be:
6 =
=
= 24
Hope This Helps You!
Good Luck :)
- Hannah ❤
Which decimal is less than 2.87? 2.859 C. 2.971 b. 2.8711 d. 2.88 Please select the best answer from the choices provided
1 answer:
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ANSWER
$1,413.81
EXPLANATION
The compound interest formula is given by:
Where P=900 is the balance in the account, t=10 is the number of years and r=0.0462 is the rate.
We substitute the values in to the formula to get:
This simplifies to:
Therefore $1413.81 will be in the account after 10 years.