Use the formula for compound interest,
Where P is the starting amount (500$), r is the rate of interest (0.04), n is the number of times the interest is compounded per unit (1 per year), and t is the amount of time it is compounded (5 years).
Now, plug it into the formula:
Do the math,
and your answer is she must pay <span>
608.32$ when she pays her debts.</span>
Maybe....
add up all the classes and divide........:}
4+3*6=22
1000/22=45.45454545.......
NO, it cannot since it will be a repeating decimal
:}
<em>*100% CORRECT ANSWERS</em>
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