Question

Help please

Answer 1

i can do interest ( i cant do money problems) sorry :(

Answer 2

Do you know the formula for interest?

Answer 3

no

Answer 4

When you know the principal amount, the rate and the time. The amount of interest can be calculated by using the formula:I = Prt

Answer 5

I = (80,000) x (0.05)(9)

Answer 6

36000?

Answer 7

Oh, it says compound interest.

M = P( 1 + i )^n

Let's say that I have $1000.00 to invest for 3 years at rate of 5% compound interest.

M = 1000 (1 + 0.05)^3 = $1157.62.

You can see that my $1000.00 is worth $1157.62.

Answer 8

so 1157.2=62 is the final answer? o.0

Answer 9

1157.62*

Answer 10

No. I was giving you an example.

To get your answer solve this.

M = 80,000(1 + 0.05)^9 = ?

Answer 11

124106.2573

Answer 12

@Compassionate ?

Answer 13

Yes. Now round to the tenth.

Also, I don't answer notifications. Next time don't tag me, just send me a few messages and get on the chat. I also recommend leaving a note on my profile to grab my attention.

Answer 14

134106.26?