Answer:
B
Step-by-step explanation:
To rationalise the denominator.
Multiply the numerator/denominator by the radical on the denominator.
The radical on the denominator is
, thus
Multiply the fraction by
→ B
Answer:
$6,427.99
Step-by-step explanation:
-We first find the effective annual interest rate as follows:

#We the use this rate to find the compounded amount after 18 years:

Hence, the amount after 18 years is $6,427.99