Answer:
C
Step-by-step explanation:
37/4= 9.25
9.25*11 =101.75
9514 1404 393
Answer:
$935.11
Step-by-step explanation:
The amount is given by the formula ...
A = P(1 +r/n)^(nt) . . . P invested at rate r for t years compounded n per year
A = $850(1 +0.024/2)^(2·4) = $935.11
The amount accumulated will be $935.11 after 4 years.
If we are talking about whole numbers, the only number in between 1 and 3 is 2 but if we are talking about numbers in general, there are an infinite amount of numbers (for example, 1.1, 1.12, 1.004, and 1.80543285 are all in between 1 and 3).
