I hit it raw she saw me in public like wassup friend
This is 52 and if it’s wrong lmk
Answer:
28/36 shd give u the answer
answer in 1:ur answer
Answer:
The formula to calculate the account value in future (compounded monthly):
A = Principal x (1 + rate/12)^(month)
=> 2500 = 1300 x (1 + (3.5/100)/12)^(month)
=> (1 + 0.00291)^(month) = 2500/1300
=> 1.00291^(month) = 1.923
=> month = log(1.923)/log(1.00291) = 225
=> It will take 225 months to have 2500 dollar in account.
Hope this helps!
:)
The answer to your question is 2/5. I took the test.