Since we're doing compound interest for four years it will be simpler than daily.
In case you didn't know the formula, here it is: A = P (1 +r/n)^(nt)
now lets substitute.
A = 500 (1 + 0.03)^4
A = 500 (1.03)^4
A = 500 (1.12550881)
A = 562.754405
Since that decimal is too big for cash, let's round it. Notice that the number after 5 is lower than 5. Thus the first two numbers stay the same and the final answer will be..
A = 562.75
Hope this helps :3
An expression is defined as a set of numbers, variables, and mathematical operations. The second student is correct.
<h3>What is an Expression?</h3>
In mathematics, an expression is defined as a set of numbers, variables, and mathematical operations formed according to rules dependent on the context.
Given One student simplified x⁵ + x⁵ to x¹⁰. The second student simplified x⁵+x⁵ to 2x⁵. Since the simplification of (x⁵+x⁵) is equal to 2x⁵. Therefore, the second student is correct.
Learn more about Expression:
brainly.com/question/13947055
#SPJ1
Just lol, it up and the you will be fine.
