Answer: The equation doesn't look right, it's either there's too many symbols or you need to switch some things around.
Step-by-step explanation:
Answer:
$3530.3541
Step-by-step explanation:
Given that:
Principal = 2200
Interest rate compounded annually (r) = 3%
Time (t) = 16 years
Using the compound interest formula :
A = P(1 + r/n)^n*t
A = final amount
n = number of times interest is applied per period
A = 2200(1 + 0.03)^16
A = 2200(1.03)^16
A = 2200 * 1.60470643909878751793
A = $3530.3541
Hence, amount in account on his 16th birthday will be $3530. 3541
X4+(95x2)-500=0
x4+(190)-500=0
x4-310=0
x4=310
x=4√(310)
x=4.196
