gbrightwell
11.06.2021 •
Mathematics
Did I do the set and interval notation right? The set notation seems off, please help.
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Ответ:
$6,778
Explanation
The compound interest formula is A=p(〖1+r%)〗^t.
Where A = The total amount accumulated
P = Amount invested
r = interest rate
t = the period of investment
So,
A=6000(〖1+5%)〗^2.5
A=6000×〖1.05〗^2.5
A=6,778.357932
To the nearest whole number the answer is $6,778