Compound Interest Formula: A = P(1 + r/n)^(n·t)
A = final amount r = rate, as a decimal (.021) t = number of years (17)
P = initial amount (2914.72) n = number of times compounded per year (365)
A = 2914.72(1 + .021/365)^(365·17) = $4165.20
Interest earned: $4165.20 - $2914.72 = $1250.48 <----- Answer
You might want to recalculate this, attempting to handle leap years, by replacing the number of times compounded per year with 365.25 and see if that has an effect
The answer is B because if you make plot the the numbers on a grid as coordinates a linear function is created.
Step-by-step explanation:
length x width x height is how to get the answer
Take the numbera and plug them into the equation.
Once youve finished you should get the answer.
Exact form: 105/8
Decimal form: 13.125
Mixed number form: 13 1/8
