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Aditya, Phd Maths
Answers (1)
A=P(1+r/n)^(nt) P=3500, r=4%=0.04,t=3,n=1 A=3500(1+(0.04/1))^(3×1)=3500(1.04)^3 A=3500(1.124864)=3937.024=3937.00 (rounded to nearest cent)