Formula for compound interest: A = P( 1 + r/n)^nt
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
^ = I used this symbol to present that a the number needs to go higher (see picture)
1. 500(1 + 2/100)^2 = 520.2
£520.20
2. 400(1 + 1.75/100)^2 = 414.12
£414.12
Answer:
Trade discount is given on the catalogue price of the goods while the cash discount is given on the invoice price. Trade discount is granted with the aim of increasing the sales in bulk quantity, whereas Cash discount is granted to facilitate a quick payment. ... A trade discount is shown as a deduction in the invoice.
To get the other number
divide 12 from 180
180/12 = 15
The LCM is 12 and 15
hope this helps
Answer:
Area of this parallelogram A = base x height = 11 x 6 = 66 (cm2)
Hope this helps!
:)
