Amaya’s because she rounded to the nearest tenth correctly if the number behind the decimal had been 5 or above Katie would be right but because the number is 4 or below you round down therefore 89.1 would be 89 and 9.3 would be 9
Answer:
Step-by-step explanation:
After one year
A=p(1+r/n)^nt
=2000(1+0.03/12)^12*1
=2000(1+0.0025)^12
=2000(1.0025)^12
=2000(1.0304)
=$2060.8
After two-years
A=p(1+r/n)^nt
=2060.8(1+0.03/12)^12*2
=2060.8(1+0.0025)^24
=2060.8(1.0025)^24
=2060.8(1.0618)
=$2188.157
After three years
A=p(1+r/n)^nt
=2188.157(1+0.03/12)^12*3
=2188.157(1+0.0025)^36
=2188.157(1.0025)^36
=2188.157(1.0941)
=$2394.063
