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Urgent!!!! Please help...

Urgent!!!! Please help...-example-1
User Robaticus
by
4.9k points

1 Answer

6 votes

Answer:

$1,978.82

Explanation:

the formula for this is

A(t)=Pe^rt

so pluggin in those number we would get

A(12)=1,600e^4.25(12)

so instead of just plugging this into your calculator you must make 4.25 into 0.0425 so then once we plug this in we get

$1978.82 left in Hannah's bank account without any withdrawals and purely based on interest

User Sachin Tyagi
by
5.2k points