My answer is use a map app like Photomath
The Compound Interest of 10400 at 12.7% for 4 years is 6378.
The principal amount is given as 10400.
The rate of interest is given as 12.7%.
The time period to be calculated is given as 4 years.
The compound interest for the given above is to be calculated.
<h3>What is
compound interest?</h3>
Compound interest is the interest that we earn both on the principal amount and the interest we earn.
The formula used to calculate compound interest is:
Where P = principal amount, R = rate of interest, and n = number of years.
We have,
P = 10400
R = 12.7%
n = 4 years
Compound interest:
Now,
10400 [ ( 1 + 0.12.7 )^2 - 1 ]
10400 [ 1.127^4 - 1 ]
10400 [ 1.61322 - 1 ]
10400 x 0.6132
6377.56
Rounding to the nearest whole number.
We have,
Compound Interest = 6378.
Thus the Compound Interest of 10400 at 12.7% for 4 years is 6378.
Learn more about Compound Interest here:
brainly.com/question/13155407
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Answer:
x% of $900=$810
x/100×$900=$810
x=$810/9=90% required percentage is 90%.
Answer:
Step-by-step explanation:
0.3
^ You need to move the three before the decimal place and leave 4 empty digits (0) between
0.3
3.0
30.0
300.0
3000.0
30000.0
A total of 5 moves.
Each move is equivalent to x, the preceding value, times 10. x * 10
Repeated multiplication times the same factor equates to exponentiation, so for a total of 5 moves, it is notated as , giving you an expression of: