Answer:
<h2>$1,129.27</h2>
Step-by-step explanation:
Compounded interest formula is

Where
is the final amount,
is the principal,
is the anual interest in decimal,
is the numer of compounded periods in one year and
is the time in years.

Notice that
, because the interest is compounded anually, if the interest is compounded, then
, because there would be 12 compound periods in one year.
Then, we replace all these vaules in the formula

Therefore, after 4 years, the amount would be $1,129.27.
Answer:
please how
Step-by-step explanation:
I will help ypu
Answer:
I’m not sure really but the first one is 103 or 110
Step-by-step explanation:
Answer:
the answer would be C!!!!! thta is because it is passing by the same numbers as the answer choice
Step-by-step explanation:
Answer:
It's in the doc below
Step-by-step explanation:
Hope it helps