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Assoli18 [71]
2 years ago
9

are traveling on a train from Louisiana to California. A part of their route is represented on the graph.

Mathematics
1 answer:
Mumz [18]2 years ago
5 0

Step-by-step explanation:

where is the graph this question makes no sense

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<h3>Answer:  787.25 dollars</h3>

=============================

Work Shown:

A = final amount after t years = 1000

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-----

A = P*(1+r/n)^(n*t) is the compound interest formula

1000 = P*(1+0.08/12)^(12*3)

1000 = P*1.27023705162066

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note: this assumes that the interest rate stays at 8% the entire three year period; also, you cannot withdraw any money from the account during this time period.

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