thegamemaster thegamemaster
  • 24-10-2020
  • Mathematics
contestada

How would I solve: a=1,000(1+.0125/365)^(365)5 and what is the answer?

Respuesta :

ricchad
ricchad ricchad
  • 24-10-2020

Answer:

1064.45

Step-by-step explanation:

a = 1,000 ( 1 + .0125 ) ³⁶⁵ˣ⁵

                         365

a = 1064.45

is the same as

a = 1,000 ( 1 + .0125 ) ¹ˣ⁵

                          1

a = 1064.45

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