4 years ago

Plsss I need it !!!!!!

Mathematics

1 answer:

Tresset [83]4 years ago

7 0

Answer:

I think its ED

Step-by-step explanation:

I think but idk if it's TRUE or not

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cricket20 [7]

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<h2>○=> <u>Correct answer</u> :</h2>

Money in Alex's account after 16 years = $\boxed{\bold{\color{plum}£4347.11}}$

<h3>○=> <u>Steps to derive correct answer</u> :</h3>

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We know that :

$\tt \: \color{hotpink}A \color{plum} = P {(1 + \frac{r}{n} )}^{nt}$

In this case :

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Which means :

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$\color{plum}= \tt £4347.11$

Therefore, the money in Alex's account after 16 years = £4347.11

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