Hey there! The answer will be below
B is the correct answer
Because in B the last 3 numbers are 500 (estimate) so 34,500 would be rounded to 35,000.Plus B makes the most sense.
Hope that helps!
By: xBrainly
Answer:
number 3
Step-by-step explanation:
John would have 60 apples!
Hope this helps!!!!! And btw tell John to give me some of them apples lol XD
The effective annual interest rate is:
i = (1 + 0.064/12)^12 - 1 = 0.066
In year 1: the interest is $613.80 (multiple $9300 by 0.066)
In year 2: the interest is $654.31 (add interest from year 1 to $9300 and multiply by 0.066)
In year 3: the interest is $656.98 (do the same as year 2)
In year 4: the interest is $657.16
The total interest is: $2582.25
The present worth of this amount is:
P = 2582.23 / (1 + 0.066)^4 = $1999.72
The answer is $1999.72.