3a+2(b+5a) plz answer this I really tryied but noap I keep on get in it wrong
1 answer:
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Answer:
The Amount in account after 6 years is $4014.976
Step-by-step explanation:
Given as :
The principal = p = $3500
The rate of interest = r = 2.29% compounded monthly
The time period = t = 6 years
Let The Amount in account after 6 years = $A
<u>From Compound Interest method</u>
Amount = Principal ×
Or, A = p ×
Or, A = $3500 ×
Or, A = $3500 ×
Or, A = $3500 × 1.147136
∴ A = $4014.976
So,The Amount in account after 6 years = A = $4014.976
Hence, The Amount in account after 6 years is $4014.976 Answer