Answer:
$4956.23 approx
Step-by-step explanation:
Given data
P= $4860
R= 4%
T= 6 months = 0.5 years
Applying the compound interest formula we have
A=P(1+r)^t
Substitute
A=4860(1+0.04)^0.5
A= 4860(1.04)^0.5
A=4860*1.0198
A=4956.228
Hence the balance will be $4956.23 approx
Answer:
24
Step-by-step explanation:
the rate of change is represented by the 24, just like in the slope-intercept equation y = mx + b, where "m" represents the slope, or rate of change.
Answer:
5463782910
Step-by-step explanation:
this is incorrect
Answer: revolving open end credit
Open end credit is when you you're allowed to borrow however much under a certain limit and you must repay that amount within a certain amount of time
