principal: $335 Annual rate: 5.2% time: 2.5 years i forgot how to like set it up-uuuhghghg help guys please

Question

principal: $335
Annual rate: 5.2%
time: 2.5 years

i forgot how to like set it up-uuuhghghg help guys please

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Nem 5 years 2021-08-21T03:59:18+00:00 1 Answers 9 views 0

Answers ( )

  1. minhkhoi
    0
    2021-08-21T04:00:34+00:00
    Reply

    Step-by-step explanation:

    Assuming it is compounded annually:

    A = P (1 + r)^t

    where A is the final amount

    P is the principal,

    r is the annual rate,

    and t is time in years.

    A = 335 (1 + 0.052)^2.5

    A = 380.26

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