Sam deposited $4400 in a savings account earning 6% compounded monthly. If she makes no other deposits or withdrawals, how much will she have in her account in two years?
Group of answer choices

$4959.50

$4928.00

$9342.76

$9328.00

$4959.50

Step-by-step explanation:

We would apply the formula for determining compound interest which is expressed as

A = P(1+r/n)^nt

Where

A = total amount in the account at the end of t years

r represents the interest rate.

n represents the periodic interval at which it was compounded.

P represents the principal or initial amount deposited

From the information given,

P = 4400

r = 6% = 6/100 = 0.06

n = 12 because it was compounded 12 times in a year.

t = 2 years

Therefore,

A = 4400(1 + 0.06/12)^12 × 2

A = 4400(1+0.005)^24

A = 4400(1.005)^24

A = 4959.5

the simplified form is

step-by-step explanation:

we want to simplify the expression,

let us change the middle bar to a normal division sign to obtain,

we multiply the first fraction by the reciprocal of the second fraction to obtain,

we factor to obtain,

we cancel the common factors to get,

we simplify to get,

the correct answer is b

see attached

step-by-step explanation:

given the function as;

write the equation replacing f(x) with y

form   and fill a table containing values of y with corresponding values of x

you can take a range for   values of x as -3≤x≤3

solving for x=-3

for x=-2

repeat the same procedure to get the values of y for the remaining ,x=-1 to x=3

plot the values of y against values   of x and obtain the following graph