halal12
halal12 halal12
  • 22-01-2021
  • Mathematics
contestada

Help me as fast as you can make sure you show me how to work it out just type the answer

Help me as fast as you can make sure you show me how to work it out just type the answer class=

Respuesta :

natasha133
natasha133 natasha133
  • 22-01-2021

Answer:

to find compound interest

it is

p(1+r) ^n

p stands for principa

r is the rate (percentage)

n is the amount of years

820(1+3.5 ) ^ 5

100

chsnge the percentsge to a decimal and add it to 1.

820(1 + 0.035) ^ 5

820(1.035)^5

raise what is in the bracket to the power of 5 which is the amount of years

820× 1.19

=£975.80

im not good with simple interest,could someone else show her how to do it please

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