Question

PLEASE HELP ASAP!!!!!!! 20 POINTS

Answer 1

Recall the compound interest formula

`a = p {(1 + (r)/(n) )}^(nt)`
Where r = 0.04, n = 12 since compounded monthly, t = 30, and p, initial value, is 24000.

Plug them in, 79523.95 seems to be the solution.