The formula for compound interest is:
A=P(1+r/n)^(nt)
Where A represents the amount of money in the account after t years, P is the principal (investment), n is the number of compoundings per year, and r is the interest rate in decimal form.
P=11,100
r=.031
n=12 (monthly)
t=19
A=11,100(1+.031/12)^(12*19)
A=11,100(1+. 002583)^(228)
A=11,100(1.002583)^(228)
A=11,100(1.80082)
A=$19,989.10
Answer: OC
Step-by-step explanation: exact answer is 64.6
2x + 5 = 11
2x = 6
x = 3
y + 4 = 2x + 4
y + 4 = 2(3) + 4
y + 4 = 10
y = 6
answer
x = 3 and y = 6