Ok the numbers r
16/3 x+ 29/3
<span>93 * 10^9 = 9.3 * 10^10
</span>
B can be either 2/3 or -2/3
Using the formula for interest:
F = P (1 + r/n)^t
Where:
F = future value
P = Principal value
r = interest rate per year
n = interest period
t = duration
Substituting the given values:
F = 200 (1 + 0.32/12)^1
F = 205.33
To obtain the interest, we subtract the principal value from the future value. This is shown below:
Interest = 205.33 - 200 = 5.33
Among the choices, the answer is A.