Round 4/3 to the nearest half you should come up with 2/3
<span>In 3 years, you will have $8,103.38
Formula:
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<span>A = P (1 + r/n)<span> ^(nt)</span></span>
Where:
A = the future value of the investment/loan, including interest
P = the principal investment amount (the initial deposit or loan amount)
r = the annual interest rate (decimal)
n = the number of times that interest is compounded per year
t = the number of years the money is invested or borrowed for
You could not use as much as your using or save more to have more.
They would be more down and not as high
3,450
