Question

Need Help, (Show your work.)I don't understand this. ​

Answer 1

Answer:

  A = 1577.72

Step-by-step explanation:

Put each of the given values in place of the corresponding variable. Use a calculator to evaluate the expression.

  $A=P\left(1+\dfrac{r}{n}\right)^{nt}\\\\A=650\left(1+\dfrac{.06}{2}\right)^{2\cdot15}\\\\A=650(1.03^{30})\approx650(2.427262)\\\\A=1577.72$