Respuesta :
Porsha` s expression:
5,000 ( 1 + 0.0375 ) ^24
A = P * ( 1 + i ) ^n
n = 6 * 4 = 24
i = 0.0375 : 4 = 0.009375
Porsha`s expression is wrong. True expression is:
5,000 * ( 1 + 0.009375 ) ^24
Answer: B ) Porsha`s expression should have 1 + 0.009375 in the parentheses.
5,000 ( 1 + 0.0375 ) ^24
A = P * ( 1 + i ) ^n
n = 6 * 4 = 24
i = 0.0375 : 4 = 0.009375
Porsha`s expression is wrong. True expression is:
5,000 * ( 1 + 0.009375 ) ^24
Answer: B ) Porsha`s expression should have 1 + 0.009375 in the parentheses.