Answer:
$222.04
Step-by-step explanation:
Use the compound amount formula A = P(1 + r/n)^(nt), where n is the number of times interest is compounded per year, t is the number of years and r is the interest rate as a decimal fraction.
Here, A = ($200)(1 + 0.035/4)^(4*3), or
= ($200)(1.00875)^(12) = $200(1.11) = $222.04
The compound amout after 4 years (12 compounds) will be $222.04.
Answer:
D "Matt wants to spend no more than" That indicates that it would be Less Than or = to
Step-by-step explanation:
Answer: 5/2 + 1/2 = 3/4
Step-by-step explanation: Math...and also the internet ;-;
Answer:
simplest form is 7/8
Step-by-step explanation:
