Answer:
$ 1,060.00
Step-by-step explanation:
A = $ 1,060.00
A = P + I where
P (principal) = $ 1,000.00
I (interest) = $ 60.00
Compound Interest Equation
A = P(1 + r/n)^nt
Where:
A = Accrued Amount (principal + interest)
P = Principal Amount
I = Interest Amount
R = Annual Nominal Interest Rate in percent
r = Annual Nominal Interest Rate as a decimal
r = R/100
t = Time Involved in years, 0.5 years is calculated as 6 months, etc.
n = number of compounding periods per unit t; at the END of each period
Answer:
26 units
Step-by-step explanation:
im not sure if this will help but i counted the spaces and added the halves
The absolute value of -3.92 is -3.92 because on a number line it the same length. Hope this helps mate