<h3>The worth after 4 years is $ 680.24</h3>
<em><u>Solution:</u></em>
<em><u>The formula for compound interest, including principal sum, is:</u></em>

Where,
A = the future value of the investment
P = the principal investment amount
r = the annual interest rate (decimal)
n = the number of times that interest is compounded per unit t
t = the time the money is invested
From given,
n = 1 ( since interest is compounded annually)
p = 500
t = 4

<em><u>Substituting the values we get,</u></em>

Thus the worth after 4 years is $ 680.24
If the place to the right of where you are rounding is 5 or higher, you have to round up. If it is 4 or lower, you have to round down. In the hundreds place, there is a 4. That's lower than 5 meaning that you round down/stay. So, the nearest thousands place is 3,000.
Answer:
£43
Step-by-step explanation:
925×2/100
=£ 18.5
2.4 years =18.5×2.4
=£43
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Step-by-step explanation:
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The answer is less than :)