Question

I NEED HELP ASAP. I WILL GIVE BRAINLIEST

Answer 1

Annually compoudning interest formula

PV(1+i)ⁿ

4000(1+.0775)¹⁰=8437.869021

which rounds to

$8437.87

If you were to do this on a financial calculator it would look like this:

N=10

I/Y=7.75

PV=4000

PMT=0

CMPT FV = same answer

Answer 2

Yup you just need to know the formula and plug in your numbers but first know the difference between interest and compound to know which formula you choosing ! Use a calculator most likely an app Calculate84 is a life saver ^^^ all the luck