SOLUTION: A=2500(1+0.046)30 How do I work the Little #30? I can get this far. A=2,500(1.046)30

SOLUTION: A=2500(1+0.046)30 How do I work the Little #30? I can get this far. A=2,500(1.046)30

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Question 228671: A=2500(1+0.046)30
How do I work the Little #30? I can get this far.
A=2,500(1.046)30
Answer by jim_thompson5910(35256) (Show Source): You can put this solution on YOUR website!
Using a calculator, we can compute to get (type in 1.046 ^ 30 into your calculator). Note: this value is approximate.

So

Now just multiply 2500 and 3.854344 to get 9635.86 (which is also approximate).

So which means that

Overall, this tells us that
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