B I'm pretty sure since p is the unknown number.
Answer:35,585
Step-by-step explanation:
3x5 -3 = 12
5x12 -5 = 55
12x55 -12 = 648
55x648 -12 = 35,585
Answer:
Step-by-step explanation:
It wanted to be reduced
Answer:
$11535.60
Step-by-step explanation:
We have been given that Jackson deposited $5000 at 3.8% interest compound continuously when he was 18 years old.
To find the amount that Jackson will earn when he is 40 years old, we will use compound interest formula.

A= Amount after T years.
P= Principal amount.
e= Mathematical constant e.
r= Interest rate (in decimal form).
T= Time in years.
Let us convert our given interest rate into decimal form.

Upon substituting our given values in above formula we will get,


Therefore, Jackson will have $11535.60 in his account when he is 40 years old.