Since we're doing compound interest for four years it will be simpler than daily.
In case you didn't know the formula, here it is: A = P (1 +r/n)^(nt)
now lets substitute.
A = 500 (1 + 0.03)^4
A = 500 (1.03)^4
A = 500 (1.12550881)
A = 562.754405
Since that decimal is too big for cash, let's round it. Notice that the number after 5 is lower than 5. Thus the first two numbers stay the same and the final answer will be..
A = 562.75
Hope this helps :3
Answer:
2.1578
Step-by-step explanation:
Please write (x4 – 2) ÷ (x + 1) as <span>(x^4 – 2) ÷ (x + 1).
We can find the remainder using synth. div. as follows:
_________________
-1 / 1 0 0 0 -2
-1 1 -1 1
------------------------------
1 -1 1 -1 -1
The remainder is -1.</span>
