Balance=2975(1.04)^t
after t is what?
Put this into your google search engine, with whatever t is supposed to be.
2975(1.04)^t=
John invest $2,975 at 4% interest compound annually. What will be the balance in the account after?
a) 3,272.50
b)3,281.48
c) 5,493.86*********
d) 7,735.00
if i am wrong please explain why i am and what i should do, step wise thanks so much and hopfully this helps
7 answers
>???no one can help me
Did you follow bobpursley's directions?
i did but it didn't work
It didn't work because you didn't define the time period.
AFTER WHAT?
AFTER WHAT?
its b. btw
@me! It's b. right?