document.write( "Question 764602: I did not know what the proper catagory was, but stiil, Can someone please help me with these 2 problems.\r
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document.write( " principal rate time coumpounded interest
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document.write( " $6000 6.25% 3 years annually __________
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document.write( " $300 5% 2 years semiannualy _______________ \n" );
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Algebra.Com's Answer #465539 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! principal rate time coumpounded interest \n" ); document.write( "------------------------------------------------------------------------------ \n" ); document.write( "A(t) = P(1 + (r/n))^(nt) \n" ); document.write( "--------------------------------- \n" ); document.write( "$6000 6.25% 3 years annually __________ \n" ); document.write( "A(3) = 6000(1+(0.0625/1))^(1*3) \n" ); document.write( "----- \n" ); document.write( "A(3) = 6000(1.0625)^3 \n" ); document.write( "----- \n" ); document.write( "A(3) = 6000*1.1995 \n" ); document.write( "A(3) = $7196.78 \n" ); document.write( "======================================================\r \n" ); document.write( "\n" ); document.write( "$300 5% 2 years semiannualy _______________ \n" ); document.write( "A(2) = 300(1+(0.05/1))^(1*2) \n" ); document.write( "A(2) = 300(1.05)^2 \n" ); document.write( "A(2) = $330.75 \n" ); document.write( "=================== \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( "=================== \n" ); document.write( " \n" ); document.write( " |