anonymous
  • anonymous
question about interest... attached below... will medal
Mathematics
  • Stacey Warren - Expert brainly.com
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SOLVED
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chestercat
  • chestercat
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anonymous
  • anonymous
anonymous
  • anonymous
@Nnesha @Michele_Laino @ganeshie8
anonymous
  • anonymous
@pooja195

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anonymous
  • anonymous
@Nnesha
Nnesha
  • Nnesha
formula to solve \[\huge\rm A=P(1+\frac{ r }{ n})^t\] where `P`-principal starting balance `t`- time `r`-interest rate (we need in decimalso divide r by 100) `n`= number of compounded per year ( for compounded annually replace n with 1)
Nnesha
  • Nnesha
substitute p ,r n t solve for A
anonymous
  • anonymous
so would it be $3,696.00
Nnesha
  • Nnesha
`correction` \[\huge\rm A=P(1+\frac{ r }{ n})^{nt}\] where `P`-principal starting balance `t`- time `r`-interest rate (we need in decimalso divide r by 100) `n`= number of compounded per year ( for compounded annually replace n with 1)
Nnesha
  • Nnesha
i didn't get that answer hmm
Nnesha
  • Nnesha
try again plz
anonymous
  • anonymous
$3,712.05
Nnesha
  • Nnesha
show your steps what did you type into the calculator ?
anonymous
  • anonymous
you can get really good interest calculators at here http://www.calculatorsoup.com/calculators/financial/ they helped me out a lot. They also tell you the equations to use.
anonymous
  • anonymous
$ 3,574.37
Nnesha
  • Nnesha
\(\color{blue}{\text{Originally Posted by}}\) @Nnesha show your steps what did you type into the calculator ? \(\color{blue}{\text{End of Quote}}\) ^
anonymous
  • anonymous
i didnt do it in my calc i just need u to check my answer
Nnesha
  • Nnesha
what's your answer ? i gave you the formula just plug in the numbers and use calculator why wasting ur time ? use the calculator instead posing answer choices
Nnesha
  • Nnesha
posting*
anonymous
  • anonymous
$ 3,574.37

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