Question

I need help

Answer 1

With?

Answer 2

the expression P(l=I)^2 can be used to find the value of an investment P after 2 years at an intrest rate of i. What is the value of an investment of $500 deposited in an account with a 3% intrest rate after 2 years? (hint: remember to convert precent into decimal before calculating.)

Answer 3

P(L=i) ^2

Answer 4

You mean \[\Large A = P(1+i)^2 \]
if so, P=500, i=0.03
\[\Large A = 500(1+0.03)^2 \]now you can just evaluate that

Answer 5

Ok and how do u do that lol

Answer 6

use a calculator :P

Answer 7

i don't have one :P

Answer 8

Do you have Google? Wolframalpha?

Answer 9

nope

Answer 10

https://www.google.com/search?q=500*(1%2B0.03)%5E2&oq=500*(1%2B0.03)%5E2&aqs=chrome..69i57j0.9796j0j7&sourceid=chrome&espv=210&es_sm=93&ie=UTF-8

Answer 11

of course you have a calculator, you are on a computer

Answer 12

http://www.wolframalpha.com/input/?i=500%281.03%29^2