find amount and compound interest
Attachments:
Answers
Answered by
1
Answer:
5200 is the answer of question.
Answered by
0
Answer:
A = P(1 + r/n)nt
A = Accrued amount (principal + interest)
P = Principal amount.
r = Annual nominal interest rate as a decimal.
R = Annual nominal interest rate as a percent.
r = R/100.
n = number of compounding periods per unit of time.
t = time in decimal years; e.g., 6 months is calculated
Similar questions