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tester [92]
3 years ago
11

PLEASE HELP ASAP!!!!!!! 20 POINTS

Mathematics
1 answer:
aliya0001 [1]3 years ago
6 0
Recall the compound interest formula
a = p {(1 +  \frac{r}{n} )}^{nt}
Where r = 0.04, n = 12 since compounded monthly, t = 30, and p, initial value, is 24000.

Plug them in, 79523.95 seems to be the solution.
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4 0
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Sergio039 [100]

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