Answer:
<h3> D) $276.26</h3>
Step-by-step explanation:
Deposited amount initially (P) = $250.
Rate of interest(r) = 2.5% compounded monthly = 0.025
Number of years (t) = 4.
Number of months in an year (n) = 12.
Formula for compound interest:
.
Plugging values in formula, we get



A=276.26.
<h3>Therefore, correct option is D) $276.26.</h3>
it is neither, it cannot be raised to a power unless it is 0 or 1 :)
Answer:
B
Step-by-step explanation:
Answer:
$174438.30
Step-by-step explanation:
35000 × 1.055^30
(original amount) × (decimal percentage)^(years)
35000 × 1.055^30 = 174438.2951
round it up to = $174438.30
Answer:
C
Step-by-step explanation:
c because if 10,700,000 divided by 100000 its a but add that 5 times and its 1014.