Question

i need help-Desmond opened a savings account and deposited $100.00. The account earns 15% interest, compounded annually. If he wants to use the money to buy a new bicycle in 3 years, how much will he be able to spend on the bike?
Use the formula A=P1+
r
n
nt, where A is the balance (final amount), P is the principal (starting amount), r is the interest rate expressed as a decimal, n is the number of times per year that the interest is compounded, and t is the time in years.
Round your answer to the nearest cent.
$

Answer 1

@supie

Answer 2

bruh

Answer 3

supie help this person

Answer 4

i'm not smart enough

Answer 5

then why u here

Answer 6

sorry nav50 i can't help,because i thought it was something easy to help with

Answer 7

but it's not

Answer 8

bruh