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TiliK225 [7]
3 years ago
12

25)

Mathematics
1 answer:
anygoal [31]3 years ago
7 0

Answer:

$43,799.50

Step-by-step explanation:

USing the formula:

A = P(1+r)ⁿ

n is the time = 5

1 + r = 1.04

P = 36,000

Substitute the values into the formula

A = 36000(1.04)⁵

A = 36,000(1.2166529024)

A = 43,799.50

Hence the value in the fifth year will e $43,799.50

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