SOLUTION: Use the formula for compound interest to find A.
A= P(1+r)^n
P=$40,000, r=0.11 and n= 4 years
At the end of 4 years A is $___
(Round to the nearest cent)
Algebra ->
Square-cubic-other-roots
-> SOLUTION: Use the formula for compound interest to find A.
A= P(1+r)^n
P=$40,000, r=0.11 and n= 4 years
At the end of 4 years A is $___
(Round to the nearest cent)
Log On
Question 947442: Use the formula for compound interest to find A.
A= P(1+r)^n
P=$40,000, r=0.11 and n= 4 years
At the end of 4 years A is $___
(Round to the nearest cent) Answer by Fombitz(32388) (Show Source):
