When a principal amount, P, is invested at an annual interest rate, r, and compounded n times per year, the amount accumulated in the account after t years can be found with the equation:
A = P(1+ :)"
Javier invested $2,350 in a savings account for 5 years with a rate of 1.75% compounded every six
months. In this situation, what is n?

2

Step-by-step explanation:

A = P( 1+r/n) ^ (nt)

P is the amount invested

r is the rate

n is the number of times per year the interest is compounded

t is the number of years

every 6 months is twice a year

so n is 2

part 1 answer = 8

part 2 answer = 72

step-by-step explanation:

part 1 explanation = add all of the numbers, then divide by how many numbers you have. so, 200/25 = 8.

part 2 explanation = not gonna lie, this is hard to explain, so just google how to do it.

i get you, what you should do is think of the positive things that would come out of it. it will make yours parents proud and raise your grade. you should always try and if you can't focus tell the teacher.