Answer:
-54
Step-by-step explanation:
Answer:The answer is 5, 414.52
Step-by-step explanation:
Since number of years isn't imputed, it will be assumed it's for 1 year
Hence using Compound interest formula
A = P( 1 + r/n)^not
Inputting values
A = 5000( 1 + 0.08/9) ^ 9*1
A = 5, 414.52
Hope this helps
Well you would have to round this 5 and above goes up. Since 1 is lower than 5 that would leave you at 6.37. 7 rounds up so that would change to 6.4. Lastly 4 would round down, So that would leave you with 6. Now 6 is the simplest form but if your looking for rounded to the nearest tenth the answer would be 6.4. If your looking for rounded to the nearest 100th place 6.37. But over all simplest form is 6.