Question

Pls answer just the answer

Answer 1

588000

Explanation:

if i am wrong pls tell me cause i think there's a different answer gl g

Answer 2

$103,421.88

Explanation:

Given:

P = 70000

r = 0.05

n = 1

t = 8

Work:

`A=P(1+(r)/(n) )^(nt)\\\\A=70000(1+(0.05)/(1) )^(1*8)\\\\A=70000(1.05)^8\\\\A=103421.88`