4. Andy puts $4,000 into an account that offers 3% interest compounded annually. If no additional deposits or withdrawals are made, how much interest will he earn at the end of 6 years?

A=$ 4,000(1+.03)∧6  will all equal $4776.209 if round $4,776.21.

Step-by-step explanation:

I use the formula A = P(1 + r)

∧t for annually.

if your looking for the interest rate then use formula interest formula I/Pt = r . I stands for Interest amount paid in a specific time period / p which stands for Principle amount (the money before interest)  times T which is Time period involved which will equal r the interest rate.

hey there!

if she's saving for six months, let's divide the total number we need for the trip by six, dividing it into the amount that needs to be saved for each month.

500 ÷ 6 =

she needs to save at least this amount each month, so we should use this symbol: ≥

let x be the amount she saves each month.

your final answer is x ≥

hope this !