Question

am i correct? i got 270,000

Answer 1

@FortyTheRapper

Answer 2

how did u get that?

Answer 3

i thought it would be 9.00? cause its 9%

Answer 4

Yeah, but to increase a number by 9% you multiply bu 1.09. Nine percent more than 100 is 109 correct? Which is equivalent to 100*1.09

Answer 5

ok so your answer is correct thank you :)

Answer 6

\[250,000*(1.09)^12=703,166.1954\]

Answer 7

I put the wrong answer originally, plugged in wrong. That's correct ^

Answer 8

wait u deleted your answer

Answer 9

needs to be rounded to the nearest whole number @MightyChondrion

Answer 10

703,166 is the nearest whole number

Answer 11

thank you

Answer 12

703,166 is the nearest whole number