The compounding equation is

. So

Divide by 3725

Daily =

=

= 1.6225
Monthly =

=

= 1.6218
Quarter =

=

= 1.6204
Yearly =

=

= 1.6141
The answer is yearly.
A) After any given year the amount of money would be: [(1000*.04)x]+1000
and x stands for the number of years.
B) The interest is 4%.
C) There would be $3,480.00 after 4 years.
Answer:
8.6E23
Step-by-step explanation:
Answer:

Step-by-step explanation:
Using the rule of exponents
×
=
, then
×
=
= 