Andres was cutting some boards to build a bookshelf. He has a piece of wood that is 10 3/4 feet long. He wants to cut a piece th
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<h3>Answer: 4745.96 dollars</h3>
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Explanation:
We have this given info
- P = 4000 = principal
- r = 0.057 = annual interest rate in decimal form
- t = 3 = number of years
Use this to plug into the formula below
You'll need your calculator, and the calculator needs the "e" button.
The "e" refers to the special constant 2.718... which is similar to pi = 3.14...