Question

I need help u guysss

Answer 1

Explanation:

3 = 1(1 + x)^4

let q = 1 + x

3 = q^4

ln(3) = 4 ln(q)

ln(3)/4 = ln(q)

.274 = ln(q)

q = e^.274 = 1.316

x = .316

Future amount = 48(1+.316)^4

Future amount = 143.96