Answer:
b
Step-by-step explanation:
Correct Answer: Option APrincipal Amount = P = $23,400
Interest rate = r = 3% = 0.03
Time = t = 10
Number of compounding periods in a year = n = 2
Compounded amount = A = ?
Formula for compound interest is:

Using the values, we get:
Option A is the closest one, so its the correct answer
Step-by-step explanation:
<u>Simplify for x by subtracting each side by 1;</u>
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Answer:
$6250
Step-by-step explanation:
i = PRT
Px.04 x1 = 250
P = 250/.04 = 6250
Answer:
What square ?
Step-by-step explanation: