Question

Original amount 320 growth per year 5% number of years 9 whats the final amount

Answer 1

5% is the same as 0.05

Multiply the original amount with the decimal

320 x 0.05 = 16

Because there are 9 years, multiply 16 to 9

16(9) = 144

Add the number found with original amount

320 + 144 = 464

464 is the final amount.


hope this helps