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Mathematics 12 Online
OpenStudy (anonymous):

algebra

OpenStudy (anonymous):

OpenStudy (mathmale):

Here you invest $400 at the interest rate 7.25% for 7 years. P=principal=$400; r=interest rate as a decimal fraction = 0.0725; t=time= 7 years. Please find the formula for Amount, A, under the topic "compound interest."

OpenStudy (mathmale):

You'll need to find the appropriate formula. Look up "compound interest." I'm happy to guide you, but am not going to give you answers without your input.

OpenStudy (anonymous):

i need the formula

OpenStudy (mathmale):

Please look up "compound interest formula" on the Internet. I'd like to help you develop the ability to find the info you need yourself. I know the formula, but to just give it to you will not help you much.

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