Here's the equation for one year:
0.03(8000) + 8000
For four years:
4(0.03(8000)) + 8000
0.12(8000) + 8000
To make it simpler/smaller:
1.12(8000) = 8960
You can make 960 more dollars, and you now have $8960
Answer:
A. 0.623
Step-by-step explanation:
Hope it helps you in your learning process.
The answer is 4.7 x 10^-4
If you move the decimal to the right, the exponent will be negative. If you move it to the left, the exponent will be positive.