40 pts The principal represents an amount of money deposited in a savings account subject to compound interest at the given rate. Find how much money will be in the account after the given number of years (Assume 360 days in a year.), and how much interest was earned. Principal: $9500 Rate:4.5% Compounded: Monthly Time: 4 years

Note: you may need to leave off the dollar sign and leave off the comma if you are typing the answer into a computer system.

Explanation:

We'll use the compound interest formula

A = P*(1+r/n)^(n*t)

The variables are:

In this case, we know the following values:

They are all plugged into the formula mentioned to get

A = P*(1+r/n)^(n*t)

A = 9500*(1+0.045/12)^(12*4)

A = 11369.7365854849

A = 11,369.74

After 4 years, there will be $11,369.74 in the account.

Side note: The info that "assume 360 days in a year" would only apply if we were compounding daily.  

the answer would be d

straight away you can eliminate a and c because not all books contain a scientific skill because some may be fiction. c is also wrong because it saids that the only way children can learn is through books which is incorrect.

b is also wrong because reading can be a scientific skill but not always, therefore it is wrong which leaves you with d, the correct answer since it said that it can children learn.

hope this ! : 3

16 is the absolute value

step-by-step explanation: