Answered

Explore Westonci.ca, the premier Q&A site that helps you find precise answers to your questions, no matter the topic. Experience the ease of finding reliable answers to your questions from a vast community of knowledgeable experts. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.

Please someone help me out in the next 30mins with this problem!

Please Someone Help Me Out In The Next 30mins With This Problem class=

Sagot :

AL2006
Choice-'A' is the one that describes compound interest.

'A' is the value of the account after some time.

'P' is the 'principle' ... the amount you originally put in, before any interest.

'r' is the interest rate

'n' is the number of times per year that interest is paid

't' is the number of interest payments that have happened
since you first put the money in the bank.
tadvisohil886
The answer should be A as it best satisfies the equation of compound interest

; where A is the value of account,P is principle , r is rate, n is frequency of interest payments per year and t is time.
Thanks for using our service. We aim to provide the most accurate answers for all your queries. Visit us again for more insights. We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Find reliable answers at Westonci.ca. Visit us again for the latest updates and expert advice.