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ASAP!!!!!!!!!!!!!!!
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ASAP!!!!!!!!!!!!!!!

ASAP!!!!!!!!!!!!!!!-example-1
User Mark Finch
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1 Answer

2 votes

Answer:

A, or 33,439.99

Explanation:

First, convert R as a percent to r as a decimal

r = R/100

r = 10/100

r = 0.1 rate per year,

Then solve the equation for A

A = P(1 + r/n)nt

A = 15,600.00(1 + 0.1/1)(1)(8)

A = 15,600.00(1 + 0.1)(8)

A = $33,439.99

User Wasker
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