Willy has compounded monthly to invest his summer earnings of $4259 in the
Rock Solid Bank. The bank is offering 6%. Willy plans to use the money to go to
college in 5 years. How much will he have in 5 years?

We have been given that Willy has compounded monthly to invest his summer earnings of $4259 in the  Rock Solid Bank. The bank is offering 6%. We are asked to find the amount of money will be after 5 years.

We will use compound interest formula to solve our given problem.

, where,

A = Final amount after t years,

P = Principal amount,

r = Annual interest rate in decimal form,

n = Number of times interest is compounded per year.

t = Time in years.

Since interest is compounded monthly, so and .

Therefore, Will will have approximately in 5 years.

answer

point o.

step-by-step explanation:

step-by-step explanation:

given that ab is divided into equal parts as

ac, cd, de, ef, fg, gh, hi, ib.

from this we find that f is the midpoint of ab.

so using mid point formula we find

f = (3,7)

similarly considering fb, we get

h = mid point of fb = ((6,6) and g, mid point of fh is

g = (9/2, 13/2)

i is mid point of hb

so i =(15/2,11/2)