Sally painted a picture that has an area of 480 square inches. The length of the painting is 1 1/5 as long as it is wide. What a
1 answer:
You might be interested in
Answer:
In the pic
Step-by-step explanation:
If you have any questions about the way I solved it, don't hesitate to ask me in the comments below =)
Answer:
$3027.80
Explanation:
The compound interest formula is the following.
where
A = final amount
P = principle amount
r = interest rate / 100
n = number of compounds per interval
t = time interval
Now in our case,
A = unknown
P = $1900
r = 10.4/100
n = 12 months / year ( because the interest is compounded monthly)
t = 4.5 yrs
Therefore, the compound interest formula gives
Using a calculator, we evaluate the above to get
which is our answer!