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Am I correct? o:
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@Hero
@whpalmer4
looks good to me
@amistre64
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j'ai d'accord!
I know what everything is except n... /:
n represents the number of times per year the intrest is compounded....since it says compounded annually, n = 1
annual => n = 1 biannual => n = 2 quarterly => n = 4 monthly => n=12 daily => n = 365 continuously => n goes to infinity
Okay.. That's what I was thinking so.. Let me see what answer I get and check with you to see if it's correct.
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Is the answer 321?
no, to the nearest cent
rounded to the nearest cent? look slike you rounded to ne nearest dollar...
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