Answer:
The expression 1.02^(4+n) can be used because 1.02^4 * 1.02^2= 1.02^(4+n) AND this is option C.
Step-by-step explanation:
For 4 + N years = (1 + 2/100)^(4+N)
= 1.02 ^ (4+N)
Remember, that the number of years is increased by N and interest rate remain the same, and n is years, and which is now 4+ N.
This is a good question... but is there multiple choice, i want to know if my answer matches
there is not enough info given to tell how long it would take
4,756 rounded to the nearest thousand is 5,000.
