Hank is opening a special investment cd account that offers 0.45% interest compounded monthly. the account requires a minimal initial investment of $5,000. if hank deposits the minimum amount, write an exponential expression in the form a(b)c, where b is a single value, to find the amount of money, in dollars, that will be in the account after t years. round any decimals to the nearest hundred-thousandth and do not include dollar signs in the expression.

5,000(1.00038)^12t  CORRECT ANSWER

Step-by-step explanation:

answer: 370

step-by-step explanation:

remember use pemdas! there are no parentheses or exponents so lets move onto the first part of the equation: multiplication and division. first, lets break the first part of the equation up into something easier using the distributive property. 28 * 12= (20 *12) + (8*12) you know that 20*12 is 240 and 8*12 is 96. add them and you get 336. then, lets solve the last part of the equation (the last part of pemdas is addition and subtraction). 336 plus 34 is 370. hope this !

i think it would be 42cm