Mathematics, 22.03.2020 23:02 kaylakk5
Find the compound interest and the total amount after 4 years and 6 months if the interest is compounded annually
Answers: 1
![I=P[(1+I)^{4.5}-1]](/tpl/images/0558/4389/ba6bb.png)
![A=P(1+i)^n\\\\I=A-P\\\\\# n=4.5,P=P, i=i\\\\\therefore I=P(1+i)^{4.5}-P\\\\=P[(1+I)^{4.5}-1]\\\\I=P[(1+I)^{4.5}-1]](/tpl/images/0558/4389/62aac.png)
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Find the compound interest and the total amount after 4 years and 6 months if the interest is compou...
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