dnessyhttp dnessyhttp
  • 06-06-2022
  • Mathematics
contestada

help please!!! i need to turn this in tomorrow

help please i need to turn this in tomorrow class=

Respuesta :

oyedejioyewolemaxwel
oyedejioyewolemaxwel oyedejioyewolemaxwel
  • 14-06-2022

Answer:

$10955.6157151671

Step-by-step explanation:

Amount [A] = [tex]P(1+r)^{t}[/tex]

Here, P = principal (which is $5000)

r = rate of interest in decimal form(which is 0.04)

t = time in years (which is 20)

Substituting,

[tex]$5000(1+0.04)^{20}[/tex] = $10955.6157151671

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