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Alinara [238K]
3 years ago
11

Plz, help everything is in the picture!

Mathematics
1 answer:
Romashka [77]3 years ago
6 0

Answer:

  • $5469.49

Step-by-step explanation:

<u>Year >> Starting balance >>         prt            >>         Interest        </u>              

1                    4200         4200*1.045 = 4389          4389 - 4200 = 189

2                   4389         4200*1.045² = 4586.51    4586.51 - 4200 = 386.51      

3                   4586.51     4200*1.045³ = 4792.90   4792.90 - 4200 = 592.90

4                   4792.90    4200*1.045⁴ = 5008.58   5008.58 - 4200 = 808.58

5                   5008.58    4200*1.045⁵ = 5233.96   5233.96 - 4200 = 1033.96  

6                   5233.96    4200*1.045⁶ = 5469.49   5469.49 - 4200 = 1269.49

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