110. dani has $1,000 in an investment account that earns 3% per year, compounded monthly.
b. write an explicit formula for the amount of money in the account after n months.

The formula of Compound Interest is:

where A = Amount

P = Principle

r = rate

n = Number of Compounding per year

t = total number of year

a. For Dani

Here, P = 1000, r = 3% = 0.03, n = 12(monthly), and time = t.

Putting all these values in above formula:

⇒

⇒

idk

step-by-step explanation:

chad should not have included the values (1, 2) and (3, 6) because that would mean he only had half a healing card.