Algebra
posted by lizzie .
I don't know how this answer was achieved. Can you take me step by step?
A=1500(1+.043/4)^(4(6)) = $1938.84

A=1500(1+.043/4)^(4(6))
= 1500(1+ .01075)^24
= 1500(1.01075)^24
= 1500(1.292557881)
= 1938.836822
= $ 1938.84 , dollar values are rounded to the nearest cent.
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