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PLEASE HELP. I HAVE BEEN STRUGGLING FOR 1 HOUR AND 24 MINUTES

PLEASE HELP. I HAVE BEEN STRUGGLING FOR 1 HOUR AND 24 MINUTES-example-1
User Eunji
by
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1 Answer

5 votes

Answer:

$1307.34

Explanation:

twice a year it's multiplied by that amount so 9*2=18

original amount is 1000

multiplier is 1+0.015=1.015

1000(1.015)^18=1307.34

User DaveM
by
5.2k points