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dwavy29
07.10.2021 •
Mathematics
What is the Compound interest on a 10,000 investment the earns 6% compound monthlyfor5 years
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Ответ:
The total compound interest is $3,488.50, I hope I helped explain how to find total compound interest
Step-by-step explanation:
So the formula for this would be:
A = P(1+r/n)^nt
A = the amount of your principal plus interest, which is the total
P = stands for the principal, which is your original amount invested
r = shows the interest rate in decimal form
n = stands for the number of compounding periods
So to solve for the compound interest we would plug in our numbers in replacement for the letters
Ответ:
$80
Step-by-step explanation:
If C is the original cost of the garment
Then 0.20C is the amount of the disount
C - 0.20C = 64
0.80C = 64
C = 64/0.80
C = 80