Answer:
The amount after 4 years = $ 16198.87
Step-by-step explanation:
Points to remember
Compound interest
A = P[1 + R/n]^nt
Were A - Amount
P - Principle
R - Rate of interest
t - Number of years
n - Number of times compounded
<u>To find the amount</u>
Here P = $11,800, R = 8% = 0.08, t = 4 years and n = 4 times
A = P[1 + R/n]^nt
= 11800[1 + 0.08/4]^(4 * 4)
= 16198.87
Therefore amount after 4 years = $ 16198.87
Slope = (y2 - y1)/(x2 - x1) = (-1 - 4)/(4 - (-3)) = -5/(4 + 3) = -5/7
It would be 4/15 is greater.
4/15 = 26% wrong
3/10 = 30% wrong
Answer:
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Step-by-step explanation:
