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OLga [1]
3 years ago
14

144 years ago, your great-great grandfather lost $80 playing poker

Mathematics
1 answer:
Dima020 [189]3 years ago
7 0

Compound interest formula:

A = P(1 + r/n)^nt

A = Final amount

P = starting amount

r = interest rate

n = number of compounding per year

t = number of years

A = 80(1+ 0.035/1)^(1*44)

A = 80(1.035)^144

A = $11,337.06

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Need an explanation on number 44 to why E is correct
aliina [53]

Before we can make sure that E is correct, we need to make the denominator is equal with questions and the choices or convert into decimal.

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