Here's the "compound amount" formula:
A = P (1 + r/[n]) ^ (nt).
Mama52's comment, above, would be true EXCEPT that the base should be (1 + 0.038/2), which produces a different result:
Thus, the compound amount, with principal $4000, at 3.8%, compounded 2x per year, for 7 years, is
A = $4000 ( 1 + 0.038/2) ^ (7*2), or $5205.93 (answer)
Are able to run their business in the way they think best.
Answer:
the answer would be 1 854 hopes this helps
Mala walks her dog 102 miles each day because 34 x 3 is 102 .
Answer:
what is the answer because i need help ASAP
Step-by-step explanation: