Answer:
#1
Step-by-step explanation:
Hope this helps! <3
Answer:
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
If you take the original amount 45 and subtract the admission fee 17 you get what is left over which would be 28 dollars. Good Luck and I hope that this helps!!
Answer: 1/20
Step-by-step explanation:
Decimal Fraction Percentage
0.05 1/20 5%