Shobhoob
20.10.2020 •
Mathematics
PLEASE ANSWER IN THE NEXT 10 MIN I NEED HELP LOL
The balance of an account earning compound interest is found using the formula A=p(1+r)*, where p is the
principal (the amount invested), r is the interest rate, and t is the time in years. What is the account balance
after 6 years, if $1,000 is invested at 8%? Round your answer to the nearest whole number.
A $1,080
B. $1,587
C. $1,480
D. $1,800
Solved
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Ответ:
Step-by-step explanation:
A=P(T+R) (I'm assuming the '1' is supposed to be a 'T')
A=1000(6+0.08)
A=1000x6.08
A=6080??
idk what it is. im so sorry
Ответ:
I think it is B) 10
Step-by-step explanation:
Sorry if I am wrong