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3 years ago

9

What is the answer to this question?

1 answer:

Deffense [45]3 years ago

7 0

Answer:

$608.33 or $608.32645 not rounded

Step-by-step explanation:

A=P(1+r/n)^nt P=500 r=0.04 n=1 t=5

A=500(1+0.04/1)^1x5

A=500(1.04)^5

A=500(1.2166529)

A=608.32645

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