ANSWER : $1,215.51
P= Principal = $1000
R= rate = 5% = 0.05
N= number or periods in 1 year (1 time pre year)
T= time expressed in years = 4 years
A= P (1 + r/n) nxt
= 1,000 (1+ 0.05/1) 1x4
= 1,215.51
Think about what relation and function are.
Relation: can have many outputs and one input
Function: One output or one input
Oh, well if it isn’t slope! I used to do this don’t cheat kiddo figure it out
