AnvitaY421319 AnvitaY421319

03-11-2022
Mathematics

contestada

2705 is compound annually at a rate of 8% for 1 year

Respuesta :

CidA128316 CidA128316

03-11-2022

The formula of compound interest is,

[tex]\begin{gathered} A=P(1+i)^n \\ \text{Here, A=2075, i=8\%, n=1 year} \\ 2075=P(1+\frac{8}{100})^1 \\ P=1921.3 \end{gathered}[/tex]

Answer Link

Otras preguntas

Deondre locates a beach with several sea caves. Which of the following best describes what caused the caves to form? The collapse of a sea stack created the ca

Which example best illustrates a method to show differences among Earth’s layers?

30883 kg to milligrams

Which country received most of South America by the Line of Demarcation?

Can I multiply 5n^2 by -7n?

Underground, carbon can be stored in ____, which humans ___.

10. A rock that forms from cooling lava is classified as an _____. a.extrusive igneous rock b.extrusive metamorphic rock c.intrusive igneous rock d.intrusive vo

Pls help me with this question :)

What item is an example of secondary source

Color is the most important element of art is this a fact or opinion?