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

In ΔABC shown below, if BG = 38 what is DG? A) 19 B) 57 C) 38 D)17

gold is called king of metals

What is the length of the hypotenuse of the triangle? the 2 legs are 7 and 4 can u explain to me how to find the hypotenuse

Is triangle ABC similar to triangle DEF? why or why not?

The average of group of 13 boys is 13. When two more boyss joined the group, the average age rose by 2 years .the sum of ages of two new boys is...???

solve for y r/3-2/y=5/5

Suppose a triangle has two sides of length 42 and 35, and that the angle between these two sides is 120 degrees. What is the length of the third side of the tri

The coordinates of three corners of a rectangle are A(2,3), B(-5,3), and C(-5, -2). Part B Find the perimeter and the area of the rectangle.

Imagine you are an ecologist, and you do a census of all of the animal species within a particular ecosystem. You discover that the total combined populations o

what nation did Texas break away from in the mid-1800s?