Eduardo's definition of parallel lines is two lines that never meet. Is he correct? In two or more complete sentences, explain w
2 answers:
You might be interested in
Answer:
The correct option is (A) $304.47.
Step-by-step explanation:
The formula to compute the future value (<em>FV</em>) of an amount (A), compounded daily at an interest rate of <em>r</em>%, for a period of <em>n</em> years is:
The information provided is:
A = $300
r% = 1.48%
n = 1 year
Compute the future value as follows:
Thus, the balance after 1 year is $304.47.
The correct option is (A).