You should know how to ............
Simple interest: i = p * r * t; compound interest would be A=p(1+r/n)^(nt)
Here, A = $500 (1.10)^2 = $605 (answer for "once per year."
Once per month:
A = $500 (1 + 0.10/12)^(12*2) = $610.20
Once per week: Can y ou figure that out? # of compounding periods is 12 per year in this problem.
Answer:
4/5
Step-by-step explanation:
The answer is 4 magazines and 2 books
4+2=6 books and magazines
and 2.50*4=10
3*2=6 6+10=16 dollars
Answer:
Use the equation 500x0.04x20 and then 500x20 and add the sums up and get 10,400 i believe is im wrong sorry :/