Question

Please help. Explain and brainliest if your correct!!!

Answer 1

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

35,000 *(1+0.04/4)^4*6

35000*1.01^24 = 44,440.71 Total

44,440.71 - 35000 = $9440.71 interest

Answer 2

This is the same as $35000 * 1.04^{6}$, which works out to be about $44286.17. Hope this helps!