Answer: B or 1
Step-by-step explanation:
Answer:
$154,763.5
Step-by-step explanation:
A = P(1 + r/n)^nt
Where,
A = future value
P = present value
r = interest rate
n = number of periods
t = time (years)
P = 97,000
r = 6% = 0.06
n = 365
t = 8 years
A = P(1 + r/n)^nt
= 97,000(1 + 0.06/365)^365*8
= 97,000(1 + 0.00016)^2,920
= 97,000(1.00016)^2,920
= 97,000(1.5955)
= 154,763.5
A = $154,763.5
you didn't tell wich program to use and did not include any pictures.
anyways, I graphed the function with desmos (free to use as app and on website)
so that u can see what the graph should look like.
variance based on the zoom is okay of course.
157,000 is 157,453 to the nearest thousand becuase the 4 in the hundreds place is smaller than five so it rounds down.
First, you will have to convert both the fractions to improper fractions, then you will multiply both the fractions. Once you are done multiplying it you will convert them to mixed fractions.
