Answer:
A = $13,116.03
Step-by-step explanation:
the equation used for compound is A = Pe^rt, where p= principle, r=rate(interest) e=2.71828, and t=time. first convert the rate into a decimal, then plug in the numbers into the equation.
A = 10,000.00(2.71828)^(0.03875)(7)
24÷3 equals 8
Hope that helps
-May
idk
