A₀ = 18 000(1 + 0.0025)⁰
A₁ = 18 000(1 + 0.0025)¹
A₂ = 18 000(1 + 0.0025)²
A(n) = 18 000(1 + 0.0025)ⁿ
So, after 5 months, A(n) = 18 000(1 + 0.0025)⁵ = $18 226.1278 ≈ 18 226.13
5 years is 60 months.
A₆₀ = 18 000(1 + 0.0025)⁶⁰ = $20 909.1021 ≈ $20 909.10
Answer:
319.68
Step-by-step explanation:
you multyply 11.52 per each hour and then add everything up
Wish this helped you