Answer: Im pretty sure the answer is 4 and 3/8
Step-by-step explanation:
hope this helps!
Answer:
balance after 4 years = $4502
Step-by-step explanation:
Formula to get the final amount when compounded annually is,
Final amount = 
Here, r = rate of interest
n = number of compounding per year
t = Duration of investment
From the given question,
Final amount = 
= 
= 4502.0352
≈ $4502
Therefore, balance after 4 years = $4502
As 1 mm = 0.01 dm
3.5 mm = 0.01*3.5 = 0.035 decimeter