dnessyhttp dnessyhttp
  • 04-06-2022
  • Mathematics
contestada

help please i need to turn this in

help please i need to turn this in class=

Respuesta :

oyedejioyewolemaxwel
oyedejioyewolemaxwel oyedejioyewolemaxwel
  • 14-06-2022

Answer:

Q3 = $5743.49117291326

Q4 = $10955.6157151671

Step-by-step explanation:

General formula for amount in Compound Interest

Amount [A] = [tex]P(1+r)^{t}[/tex]

Here, P = principal

r = rate of interest in decimal form

t = time in years

Q3

----

Substitute current values in question with formula to give you

$5743.49117291326

Q4

----

Substitute current values in question with formula to give you

$10955.6157151671

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