Calculation:
First, converting R percent to r a decimal
r = R/100 = 5%/100 = 0.05 per year,
then, solving our equation
I = 20 × 0.05 × 2 = 2
I = $ 2.00
The simple interest accumulated
on a principal of $ 20.00
at a rate of 5% per year
for 2 years is $ 2.00.
Answer:
Step-by-step explanation:
you have to have a quadratic equation, not sure what your question is,
This is a Fibonacci sequence
1; 1
1 + 1 = 2
1 + 2 = 3
2 + 3 = 5
3 + 5 = 8
next terms:
5 + 8= 13
8 +13 = 21
13 + 21 = 34
