4.25 years old. or 4.3 years if you're rounding up
Given:
Principal= $3000
Rate of interest = 5%
Time = 4 years
n = 1 (compounded annually)
To find:
The balance in the account after 4 years
Solution:
Compound interest formula:
Substitute the given values.
To convert percentage into fraction divide by 100.
The balance in the account after 4 years is $3464.5.
Answer:it wy + wz + xy + xz
Step-by-step explanation: i took it