Answer:
Step-by-step explanation:
we know that
The compound interest formula is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest in decimal
t is Number of Time Periods
n is the number of times interest is compounded per year
in this problem we have
substitute in the formula above
Applying log both sides
25/7 =
7 goes into 25 3 times with 4 left over
25/7 = 3 4/7
39/51 =
divide top and bottom by 3
39/51 =13/17
Step-by-step explanation:
25/7 = 3.57142857 ( round to 3.57)
39/51 = 0.76470588 ( round to 0.76)
;)
A.
12,863.14
B.
12,863.15
C.
12,900
D.
12,800
PLEASE HELP!!