If the interest rate is 10 percent and the present value of $100, what would be the paid out value in two years?

Answer 1

Paid out value #color(green)(A = $ 121)#

P = Principal = $100, Rate of Interest R = 10%, Period N = 2 years

At the conclusion of the two-year period, amount A at a 10% compound interest rate is

#A = P (1 + (R/100))^N#
#A = 100 (1 + (10/100))^2#
#A = 100 *( (cancel(110) 11)/ (cancel(100) 10))^2#
#A = cancel(100) * (121/cancel(100)) = color(green)($ 121)#
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Answer 2

The paid out value in two years would be $121.00.

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Answer from HIX Tutor

When evaluating a one-sided limit, you need to be careful when a quantity is approaching zero since its sign is different depending on which way it is approaching zero from. Let us look at some examples.

When evaluating a one-sided limit, you need to be careful when a quantity is approaching zero since its sign is different depending on which way it is approaching zero from. Let us look at some examples.

When evaluating a one-sided limit, you need to be careful when a quantity is approaching zero since its sign is different depending on which way it is approaching zero from. Let us look at some examples.

When evaluating a one-sided limit, you need to be careful when a quantity is approaching zero since its sign is different depending on which way it is approaching zero from. Let us look at some examples.

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