The equation used for this problem is
F = P(1+i)ⁿ
where
F is the future worth
P is the present worth
i is the effective interest rate
n is the number of years
Substituting the values,
F = <span>$8,000(1 + 0.03)</span>⁴
F = $9,004.07
Thus, after 4 years, Aaron will have $9,004.07.
I hope this helped u solve ur answer
Answer:
2.5
Step-by-step explanation:
If you drive for 3 hours at 60 mph you will have gone 180 miles.
If you drive for 2 hours at 70 mph you will have gone 140 miles.
If we add 180 + 140 = 320.
So you traveled 320 miles. 320 is the answer.
The five is in the hundred thousands place. look to the place before it witch is 7. 7 is greater than 5 which means you have to round the five up.
74,600,000