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 a sale, normal prices are reduced by 12% The sale price of a digital camera is £132.88 Work out the normal price of the digital camera (3marks)

a piece of wood is 180cm long, Tom cuts it into three pieces in the ratio 2:3:4 Work out the length of the longest piece

What is the formula for the volume of a cuboid?

Work out the number that is halfway between 27 times 38 and 33 times 38.Show your working out aswell.

A pack of 9 toilet rolls costs £4.23 A pack of 4 toilet rolls costs £1.96 Which pack gives the better value for money? You must show all your working.

In the library there are 200 books. 58 of them are non-fiction. What percentage of the books are non-fiction?

How long did mummification go for poor Egyptians?

20% of my money is £2.55 What is 2/5 of it?

how are the themes and topics different

what does the agora tell us about the culture of athens?