P(10) = P(2.7183) ^ 0.04 times 10
P(10) = P(2.7183) ^ 0.4
P(10) = P(<span>1.49182868673)
P(10) = </span><span>745.914343367
Rounded, it would be 746. Hope it </span>helps! :)
The answer to your question is $720
Find out what the lowest number is that each of the numbers on the bottom of the fractions can divide into evenly.
I've attached the graphs to this answer. I hope they help.
Answer:
$4040.57
Step-by-step explanation:
A=P(1+(r/n))^nt
P = Principal = 3000
r = rate = 0.03
n = no. times payed each year = 2
t = years = 10
A = 3000(1 + (0.03/2))^(2x10)
A = 3000(1.015)^20
A = 4040.57 (2.d.p)
Hope this helped!