Heather has a bag with 9 marbles, 9 tennis balls, 10 apples, and 2 books. What is the ratio of books to tennis balls?
1 answer:
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Answer: $5,828.28
<u>Step-by-step explanation:</u>
Use the Compound Interest formula: where
- A is the accrued amount (balance)
- P is the principal (initial amount invested)
- r is the interest rate (in decimal form)
- n is the number of times compounded each year
- t is the time of the investment (in years)
Given: P = 4,900
r = 3.5% (0.035)
n = 2
t = 5