Question

Juros composto C=2500, i=2% a.m, t=8m

Answer 1

m=c(1+i)^t
m= 2500(1+0,02)^8
m= 2500 * 1,1717
m= 2929,14

j=m-c
j=2929,14 - 2500
j= 429,14 $$

Answer 2

$M=C(1+i)^n\\\\\\ M=2500(1+0,02)^8\to\\\\ M=2500(1,02)^8\\\\ M=2500*1,171659\to\\\\ M=2.929,14\\\\\\\\\\\\\ obs:\ 1,02^8=*1,171659381$