Answer:
$222.04
Step-by-step explanation:
Use the compound amount formula A = P(1 + r/n)^(nt), where n is the number of times interest is compounded per year, t is the number of years and r is the interest rate as a decimal fraction.
Here, A = ($200)(1 + 0.035/4)^(4*3), or
= ($200)(1.00875)^(12) = $200(1.11) = $222.04
The compound amout after 4 years (12 compounds) will be $222.04.
4 multiply with 5/8 is 20/8
when the denominator ( the bottom number ) is the same, you simply subtract ( or add ) the numerator ( the top number ) only
so 20/8 - 11/8 is 9/8 (20 - 11 = 9), keeps the denominator as it was :)
Answer:
D
Step-by-step explanation:
cannot be determined without side lengths