<span>Compound
interest formula</span>

Where
<span>
A= Future value
P =
the Principal (the initial amount of money)
r = annual interest rate</span>
t = time
<span>n=
number of times compounded in one t
Remark
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r is generally a percentage like 3%, 7% etc and
are applied in the formula as 0.03, 0.07...,
the interest is compounded generally annually (
n=1), quarterly (
n=4),
monthly (
n=12), etc...
t is in years,
In our problem:
</span>
A= 30 000
P =20 000
r = 15%=0.15
time = t = ?
n= 4
applying the formula:



75% of 12 months is 3/4 of 12 months, which is 9 months
Answer: 2 years, 9 months
Answer:
140,000
Step-by-step explanation:
Take 400,000 * 0.35 = 140,000.
When given a percentage, take the number and divide by 100.
In this case 35 / 100 = 0.35.
Then you can take the total amount and multiply it by the percentage in decimal form.
In this case 400,000 * 0.35
Answer:
264 with a remainder of 4
Step-by-step explanation:
Answer:
multiply 4.6 and 5
Step-by-step explanation:
4.6 × 5 = 23