Answer:
Step-by-step explanation:
A = p(1 + r/n)^nt
p = principal
r = rate, change to a decimal
n = number of times it is compounded per year
t = time in years
A = 10,000(1 + .055/12)^(12*(44/12))
Since the time is in months and the formulas is in years, I put the (44/12) to represent the time. This will actually simplify to 44.
A = 10,000(1 + .055/12)^(44)
A = $ 12,228.77
It’s C. hope this helped and good luck !!
To write 3000 as a fraction you have to write 3000 as numerator and put 1 as the denominator. Now you multiply numerator and denominator by 10 as long as you get in numerator the whole number.
3000 = 3000/1 = 30000/10
And finally we have:
3000 as a fraction equals 30000/10
