Question

Use the formula for compound interest to find A

A =p(1+r) n

p= 30,000
r= 0.10
n (the expression) = 4 years

I got $48,415. Can someone tell me if I am right or wrong and if so how i can fix my answer

Answer 1

ur answer isn't correct
please check ur calculation

Answer 2

I believe you may have substituted the wrong numbers.

Answer 3

reqd
A=30000x(1+0.10)^4=30000*1.1*1.1*1.1*1.1 =30000*1.4641=43923

Answer 4

30000(1+0.10)^4=$43923

Answer 5

yup

Answer 6

Okay I think I got confused when I figuring out the expression/scientific notation portion

Answer 7

Thank you

Answer 8

welcome