Answer:
$4,499.46
Step-by-step explanation:
We can use the compound interest formula for this problem:
P = initial balance
r = interest rate (decimal)
n = number of times compounded annually
t = time
First, lets change 4% into a decimal:
4% -> -> 0.04
Now lets plug the values into the equation as shown below:
Don will have $4,499.46 at the end of the three years.
Answer:
0.07
Step-by-step explanation:
Answer:
1. price of one pound is 4 dollars
2. 0.25 pounds
Step-by-step explanation:
Option B) A and C I think