Question

Help please!!! i need to turn this in tomorrow

Answer 1

$10955.6157151671

Explanation:

Amount [A] =
`P(1+r)^(t)`

Here, P = principal (which is $5000)

r = rate of interest in decimal form(which is 0.04)

t = time in years (which is 20)

Substituting,

`$5000(1+0.04)^(20)` = $10955.6157151671