Daniel has 120 dollars in the bank. He is earning 3.5% compound interest each month. How much money will he have in the bank in one year?

$124.27

Step-by-step explanation:

A = Principal(1 + r/n)^nt

r = interest rate

n = # times compounded

t = # years

A = 120 (1 + .035/12)^12(1)

A = 120(1 + .0029)^12

A = 120(1.0029)^12

A = 120 x 1.0353

A = 124.27

the answer is 3/5

step-by-step explanation:

first divide 24 divided by 8 because that is the least common multiple

then divide 40 by 8

then you will get 3/5.

step-by-step explanation:

ask goog great chance of finding the solution there