Answer:
k=86
Step-by-step explanation:
Answer: the future value is $1748.4
Step-by-step explanation:
We would apply the formula for determining compound interest which is expressed as
A = P(1+r/n)^nt
Where
A = total amount in the account at the end of t years
r represents the interest rate.
n represents the periodic interval at which it was compounded.
P represents the principal or initial amount deposited
From the information given,
P = 1550
r = 4% = 4/100 = 0.04
n = 365 because it was compounded 365 times in a year.
t = 3 years
Therefore,.
A = 1550(1 + 0.04/365)^365 × 3
A = 1550(1+0.00011)^1095
A = 1550(1.00011)^1095
A = 1550 × 1.128
A = 1748.4
Answer:
your finding the absolute value, I I this means absolute value which means if its negative it automatically is its own number you get rid of the negative sign if it's positive just keep it because it's already in it's normal number.
For example: I -4 I = 4
For example: I -5 I = 5
For example: I 3/4 I = 3/4
For example: I 3 I = 3
For example: I 4 I = 4
Answer: 
<u>Step-by-step explanation:</u>
