Isabella will have $6147 after 4years.
<h3>
What is compound interest?</h3>
Compound interest is the addition of interest to the principal sum of a loan or deposit.
C.I. = Amount - Principle
Amount is given as-
A = P {1 + (r/n)}^(nt)
where A is the final amount
P is the initial principle amount
r is the interest rate
t is the time period elapsed
n is number of times interest applied per time period
Now it is given that
P = $5000
r = 5.3%
n = 1 years, since its annually
t = 4 years
⇒ A = P {1 + (r/n)}^(nt)
⇒ A = 5000 {1 + (5.3/100*1)}^(4*1)
⇒ A = 5000 {1 + (0.053)}^(4)
⇒ A = 5000 {1.053}^(4)
⇒ A = 5000 * 1.23
⇒ A = $6147.28
⇒ A ≈ $6147
Hence,Isabella will have $6147 after 4years.
More about Compound interest :
brainly.com/question/17197734
#SPJ1
So you would have -20C. Then you would multiply that by 1.8 which would give you -36 then you would add 32 which gives you your final answer which is -4 F
Answer: 30 students
Step-by-step explanation:
Multiply total number of students (125) by the percentage (25)
Turn the 25 into a decimal -> .25
Answer:
what are the point options? what are the options?
Step-by-step explanation:
can i have brainliest please?