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Elena-2011 [213]
2 years ago
11

Can you please show working out for $4,000 at 3% for 4 years

Mathematics
1 answer:
dedylja [7]2 years ago
5 0
100\%+3\%=103\%\\\\p\%=\dfrac{p}{100}\to103\%=\dfrac{103}{100}=1.03\\\\\$4,000\cdot1.03^4=\$4,679.43
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Mariana [72]
If the annual rate in 10 years has the same quadralaterical value the answer would be 47.9 but we can make sure our answer is correct
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4 0
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