Answer:
0.675
Step-by-step explanation:
.........................
Answer:
A = 5,752.60
Step-by-step explanation:
P = $3,500
r= 5%
t = 10
k = 4
A = P(1 + r/k)^kt
= 3,500(1 + 0.05/4)^4*10
= 3,500(1 + 0.0125)^40
= 3,500(1.0125)^40
= 3,500(1.6436)
= 5,752.6
A = 5,752.60
