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Tom [10]
4 years ago
14

Anyone know the answer?

Mathematics
1 answer:
Degger [83]4 years ago
7 0

Answer:

A 4955.30

Step-by-step explanation:

A = P ( 1+i) ^ t

where A is the amount in the account

P is the principal

i is the interest rate

and t is the time in years

A = 4000(1+.055)^4

A = 4000(1.055)^4

A = 4955.2986025

Rounding to the nearest cent

A = 4955.30

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