First determine how much interest was earned over ten years. Then add the interest to the principal. where #n# is the number of times the compounding occurs in a year. (In this case, #n=1#.) #A=$1200(1+0.073/1)^(1 times 10)# #color(white)A=$1200(1.073)^10# #color(white)A~~$1200.
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How much would you earn in a year if you invested $100? If you use "simple interest", you get two lots of 10% which is 20%. Instead, I think they want you to simply say that 6% per year is equivalent to 6%pa /12 = 0.5% per month. Which is a very slightly different number to what you get the other way.
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I need to create a chart for cumulative total sales for any month selected.. CY vs PY. eg.. Feb 1200, 1500. March 2000. cumulative sales current year is calculating fine.. It'd be much easier and quicker for people to help.
It’s been one year. how much money he received from the National Rifle Association.. It doesn’t matter, because I already know: $30 million! And divided by the number of gunshot victims in the.