Question

can someone explain how she got this answer

500(1+0.055/4)^4 x 10 = 863.39

Answer 1

according to the way I understand your equation, it is not true.

Answer 2

yea thats what i was thinking

Answer 3

thats exactly how my teacher wrote it but when i follow i dont get the same ans

Answer 4

if im reading this correctly. 500*10=5000, 1+ any decimal taken to any positive power will come out as more than 1. now if it is supposed to be 1-.055/4 then maybe