Answer: $ 1760
Step-by-step explanation:
Using the formula for calculating amount :
, since it is compounded monthly
A = amount
P = principal
r = rate %
n = number of years
substituting into the formula , we have
1820.30 =
1820.30= P (
1820.30 = P( 1.)
Therefore:
P = 1820.30 / 1.033747661
P = $ 1760
The answer is 0.03. Hope I help:)
646/3=x
To check it: x*3 should =646
Its d!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!