The answer is 8 because
8 times 4 = 32
8 times 7 =56
8 times 3 =24
56 minus 24 = 32
The amount that is the closest to the account balance at the end of 4 years is given by: Option B: $5,860. 53 (approx)
<h3>How to calculate compound interest's amount?</h3>
If the initial amount (also called as principal amount) is P, and the interest rate is R% per unit time, and it is left for T unit of time for that compound interest, then the interest amount earned is given by:
The final amount becomes:
For the considered case, we're given that:
- Initial amount Laura deposited = $5,500 = P
- Type of interest: Compound interest
- Unit of time: Annually
- Rate of interest = 1.6% annually = R
- Total unit of time for which amount is to be calculated: 4 years = T
The final amount at the end of 4 years in the considered account of Laura is evaluated as:
Thus, he amount that is the closest to the account balance at the end of 4 years is given by: Option B: $5,860. 53 (approx)
Learn more about compound interest here:
brainly.com/question/11897800
Answer:
i dont know much just do ur work correctly
Step-by-step explanation:
Hello!
Since this amount we are given an amount we need for 3 people, we just multiply each amount by four to get to 12.
12 cups of almonds
4 cups of raisins
1 1/3 cups of chocolate chips
I hope this helps!