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08.01.2020 •
Mathematics
What is the interest if the principal is ten thousand dollars the interest rate is two percent and the time is eight years
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Ответ:
$1600 in simple interest
$1664 in compound interest
Step-by-step explanation:
Simple interest for 8 years
10000 x (0.02 x 8) = 1600
compound interest
10000 x ((1+0.02)^8 - 1) = 10000 x (1.1664 - 1) = 10000 x 0.1664 = 1664
Ответ:
true
Step-by-step explanation: