Question

Banking question please help

Answer 1

Explanation:

11.
`A=1200(1+(0.052)/(12) )^(48)`

=$ 1476.79(nearest cent)

Answer 2

Answer: So 11 is $14560.63

Step-by-step explanation: Using the continously compounded interest equation and keep in mind that monthly for 4 years is 48 months so thats rate of time and 5.2% is 0.052 as a number