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to increase a number by \(7.25\%\) multiply it by \(100\%+7.25\%=107.25\%=1.0725\) to do it 7 times in a row, compute \[400\times(1.0725)^7\] with a calculator
652.891624427689235595703125
@satellite73 can you round it bro?
Where: P is the principal amount, $400.00. r is the interest rate, 7.25% per year, or in decimal form, 7.25/100=0.0725. t is the time involved, 7....year(s) time periods. So, t is 7....year time periods. To find the simple interest, we multiply 400 × 0.0725 × 7 to get ?
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@hojitolindo - this i have solved to you in a past posted question - not have got it ?
check it there please i have wrote to you step by step
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