The value of the (RIC) will increase from 4 to 5.75,that is,44%
Answer:
The account balance after 24 months will be $23,092.70
Step-by-step explanation:
Given data
P= $20,000
r= 7.77%= 0.077
t= 2 years
A= ?
n= 24
The compound interest formula is

Inserting our values to solve for A we have

Answer:
it is 4 if you needed which of the 2
3/4 of the garden is not potatoes, or 75%
The answer would end up being 0.01323