Answer:
Option B.) $8,123.79
Step-by-step explanation:
we know that
The compound interest formula is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest in decimal
t is Number of Time Periods
n is the number of times interest is compounded per year
in this problem we have
substitute in the formula above
The order of operations is:
Parentheses, Exponent, Division, Multiplication, Addition, Subtraction.
Or PEMDAS.
hope it helps!
15/1 multiply by 4 to get the same denominator =
45/4 45 divided by 3 = 15 3/4 cups are needed which equals 45/4 cups of milk