Question

Good Afternoon! please help me with these questions! So Far No one has helped me and I really need help. i found answers but the answers are not any of the multiple-choice answers!

For #1 I had gotten 5078.9 using the formula A=p(1+r/n)^n(t)

For # 2 I had gotten 2464.7 using the formula A=p(1+r/n)^n(t)

But I see no answer choices with these answers.

Please tell me the correct answers and explain what I did wrong!

Answer 1

I think the first one is $1288.94 and the second is 3001.99

Explanation:

I might be wrong forgive me if so