Answer:
sorry i just needs pointso k ok
Step-by-step explanation:
but yea fien the answer is
Answer:
<em>A = $5183.36</em>
Step-by-step explanation:
<u>Compound Interest</u>
It occurs when the interest is reinvested rather than paying it out. Interest in the next period is then earned on the principal sum plus previously accumulated interest.
The formula is:

Where:
A = final amount
P = initial principal balance
r = interest rate
n = number of times interest applied per time period
t = number of time periods elapsed
Abdul deposited P=$4000 into an account with r=2.6% = 0.026 compounded quarterly. Since there are 4 quarters in a year, n=4. We are required to calculate the amount in the account after t=10 years.
Applying the formula:


A = $5183.36
Divide the amount of commission made by the total sale, then multiply the decimal answer by 100 for the percent:
175 / 5212 = 0.03357
0.03357 * 100 = 3.357%
Round the answer as needed.
It is proportional because we increase y.