When you divide 98 by 5194, you get 0.01886 to be almost exact
Answer:
The amount after 8 years is $ 16,031.579
Step-by-step explanation:
Given as :
The Principal invested = $ 16000
The rate of interest compounded daily = 9 %
The time period = 8 years
Let The amount after 8 years = $ A
<u>From Compounded method </u>
Amount = Principal invested × 
Or, Amount = 16000 × 
Or, Amount = 16000 × 
∴ Amount = $ 16,031.579
Hence The amount after 8 years is $ 16,031.579 Answer
Its the red one bc its between 1 and 12
To the nearest hundredth the correct answer is 4.05, but you're basically right