Enlightenment5 Enlightenment5

07-11-2021
Mathematics

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PLEASSEEEE FIGURE THIS OUT PLSSSSSSSS

PLEASSEEEE FIGURE THIS OUT PLSSSSSSSS class=

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escobarkatelyn16 escobarkatelyn16

07-11-2021

Answer:

$19026.90

Step-by-step explanation:

use An = P(1-r)^n

which would look like

An = 29,000(1 - 0.1)^4

An = 29,000(.9)^4

An = 29,000(0.6561)

An = 19026.9

Part b

Answer:

$670,432.24

use An = P(1+r)^n

An = 435,500(1+ 0.04)^11

An = 435,500(1.04)^11

An = 435,500(1.5394...)

An = 670,432.2415

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