<u>Given</u>:
The given monomial expression is 
We need to simplify the given monomial expression.
<u>Simplification:</u>
Let us simplify the given expression.
Dividing the numbers 16 and 4, we get;

Let us apply the exponent rule
in the above expression.
Thus, we get;

Subtracting the numbers in the numerator of the above expression, we get;

Thus, the simplified expression is 
Answer:
day also you have the same knowledg
The final balance is $64,599.38.
The total compound interest is $55,599.38.
If there is more to the answer than what I give please ask for more!
With

we can find

by substituting 4 into the main function.
So it would look like this:

Hope this helps!