Amber981 Amber981
  • 18-04-2017
  • Mathematics
contestada

what is 10$ in 245 years with a 5% interest

Respuesta :

irspow
irspow irspow
  • 18-04-2017
If it's simple interest...

F=P+Prt

F=10+10(.05)245

F=$132.50

If it's compound interest;

F=Pr^t

F=10(1.05^t)

F=10(1.05^245)

F=$1553739.73
Answer Link
tom406787
tom406787 tom406787
  • 16-10-2021

Answer:

$132.50

Step-by-step explanation:

Answer Link

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