it's C, assuming x always has the same value
To get the Total amount upon investment for the compound interest, plug in the value of x into the given expression bellow
<em>A = 9,000.00(1 + x/100)^(4)</em>
Given data
Principal = $9000
Time = 4 years
Rate = x% per annum
<h3>Solution</h3>
First, convert R as a percent to r as a decimal
r = x/100
r = x/100
Then solve the equation for A
A = P(1 + x/100)^t
A = 9,000.00(1 + x/100)^(4)
A = 9,000.00(1 + x/100)^(4)
The total amount accrued, principal plus interest, with compound interest on a principal of $9,000.00 at a rate of x% per year.
Learn more about compound interest here:
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Answer:
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Step-by-step explanation:
