Answer:
The corret answer is leter B
Step-by-step explanation:
<h3>
Answer: 1034.44 dollars</h3>
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Work Shown:
A = P*(1+r/n)^(n*t)
A = 1000*(1+0.0085/1)^(1*4)
A = 1034.43596172007
A = 1034.44
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Notes:
- P = 1000 is the deposit or principal
- r = 0.0085 is the decimal form of the annual interest rate of 0.85%; we can say 0.85% = 0.85/100 = 0.0085
- n = 1 represents how many times per year we're compounding the money (ie annually)
- t = 4 = number of years
- The result of 1034.44 dollars is only possible if you do not withdraw any of the money in the four year time period.
Answer:
500.61
Step-by-step explanation:
5 multiplied by 100 = 500
1/10 = 0.1, So 6 multiplied by 0.1 = 0.6
1/100 = 0.01, So 1 multiplied by 1 = 0.01
500 + 0.6 + 0.01 = 500.61
C for change it is kinda obvious because change starts with a c and apples start with an a and bananas start with a b
