Write as a Vector Equality p=2800 , i=2% , n=60
Problem
Solution
Identify the components provided for the vector, which are the principal
p the interest ratei and the number of periodsn Convert the percentage value
i=2*% into its decimal form for standard vector notation.
Define the vector
v as an ordered set of the given parameters(p,i,n) Substitute the specific values into the vector components to establish the equality.
Final Answer
Want more problems? Check here!