Respuesta :
Answer:
10% of 10.7 billion is 1.07 billion
amount = principal [tex](1 + rate/100)^{time}[/tex]
growth amount is 17.232457 billion
Step-by-step explanation:
given data
rate = 10%
amount = 10.7 billion
time 5 year
to find out
growth and formula and 10% of 10.7 billion
solution
we have given
10% of 10.7 billion
so 10/100 × 10.7 = 1.07 billion
10% of 10.7 billion is 1.07 billion
and
formula is
amount = principal [tex](1 + rate/100)^{time}[/tex]
so
now put value here principal = 10.7 billion rate = 10 and time 5 year
amount = 10.7 [tex](1 + 10/100)^{5}[/tex]
amount = 10.7 × 1.61051
growth amount is 17.232457 billion
Answer:
a) 1.07 billion
b) 17.232 billion
c) Total amount = (Principle amount) × (1 + (r/100))^t
Step-by-step explanation:
Given:
Rate, i = 10%
a) 10% of 10.7 billion
or
= (10/100) × 10.7 billion = 1.07 billion
b) Time, t = 5 years
rate, i = 10%
Now,
Total amount = (Principle amount) × (1 + (r/100))^t
on substituting the values, we get
Total amount = (10.7 billion) × (1 + (10/100))^5
or
Total amount = (10.7 billion) × 1.6105
or
Total amount = 17.232 billion
c) Total amount = (Principle amount) × (1 + (r/100))^t
