azarco7879
azarco7879 azarco7879
  • 15-01-2018
  • Mathematics
contestada

How much did William have in the account after 4 years???

How much did William have in the account after 4 years class=

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musiclover10045
musiclover10045 musiclover10045
  • 15-01-2018

5000 x (1 + 0.035)^4

5000 x (1.035)^4

5000 x 1.147523001

5737.62


Correct Answer is D



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mathstudent55
mathstudent55 mathstudent55
  • 15-01-2018
A(t) = P(1 + i)^t

A(4) = 5000(1 + 0.035)^4

A(4) = 5737.62

Answer: He had $5737.62 after 4 years.
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