Answer:
Final amount after 11 years = $4021.97
Step-by-step explanation:
We will use the formula to get the final amount after t years,
Final amount =
here a = Initial amount
r = Rate of interest
n = Number of compounding in a year
For Initial amount 'a' = $1500
r = 9%
t = 11 years
n = 12 [Compounded monthly]
F =
= $4021.97
(3, 1), (9, -1), (7, -4), and (1, -2)
(-1, 3), (5, 1), (3, –2), (–3, 0)
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(3, 3), (9, 1), (7, -2), (1, 0)
-2 -2 -2 -2
(3, -1), (9, -1), (7, -4), (1, -2)
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what math is this?