Explore Westonci.ca, the top Q&A platform where your questions are answered by professionals and enthusiasts alike. Get immediate and reliable solutions to your questions from a knowledgeable community of professionals on our platform. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform.
Sagot :
Answer:
205
Step-by-step explanation:
[tex]2000\times\left(\left(5+1)^2-1)\right.\right.[/tex]
Evaluate the equation/expression:
205
I hope this helps you
:)
[tex]First,\:convert\:R\:as\:a\:percent\:to\:r\:as\:a\:decimal\\r = R/100\\r = 5/100\\r = 0.05\: rate\: per\: year\\\\Then\:solve\:the\:equation\:for\:A\\A = P(1 + r/n)nt\\A = 2,000.00(1 + 0.05/1)x^{1,2} \\A = 2,000.00(1 + 0.05)x^{2} \\A = $2,205.00\\A = $2,205.00\\\\A = P + I\:where\\P\: (principal) = $2,000.00\\I\: (interest) = $205.00\\\\Answer= $205.00[/tex]
We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Stay curious and keep coming back to Westonci.ca for answers to all your burning questions.
