Answer:
I would say its D. 9.00
Step-by-step explanation:
Answer:
The total compound interest is $3,488.50, I hope I helped explain how to find total compound interest
Step-by-step explanation:
So the formula for this would be:
A = P(1+r/n)^nt
A = the amount of your principal plus interest, which is the total
P = stands for the principal, which is your original amount invested
r = shows the interest rate in decimal form
n = stands for the number of compounding periods
So to solve for the compound interest we would plug in our numbers in replacement for the letters
I mean, I don't know how to explain a generic way to solve this. Ask me about the specific train of thought if you are interested:
7 * 18 + 45 / 3 - 2 = 139