Rather than just multiplying 5/4 with 8, she has to multiply it with 3 + 8. She could put parentheses around the 3 + 8, according to PEMDAS, this would mean that the parenthesis must be solved before multiplication. The correct answer would be:
We may have this planned like this: two years is 8 quarters <span>Assuming simple interest, </span> You will use the formula <span>A = P(1+rt) </span> <span>= 400(1+8*.03) </span> <span>= 496 </span>I think this is the answer:) Hope it helps a lot
