leannaadrian
leannaadrian leannaadrian
  • 22-10-2018
  • Mathematics
contestada

Is this correct or not

Is this correct or not class=

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lindshamah5
lindshamah5 lindshamah5
  • 22-10-2018

yes i believe that is correct

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altavistard
altavistard altavistard
  • 22-10-2018

Answer:

$2898.19

Step-by-step explanation:

Please, when given an interest rate as a percentage, change it to a decimal fraction, as shown:

A = $2500(1+0.03)^5 = $2898.19


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