Answer: The answer is A 405 just take 14% away from 471
Answer:
B. 407
Step-by-step explanation:
equation: y= A(1- r/n)^nt
y=471(1-(.07/1))^1(2)
you should get 407.37 as your answer
y=14
We apply the following property:
(x^n)^m = x^(n • m)
Let m = 2
(P^1/2)^2 = P^(1/2 • 2) = P
7
