Hi there, I am totally stumped on this one.
simplify the following expression.
16.96 (1.037) [(1+0.0370)46 – 1) / 0.037]
On our study sheet, we have four choices and I cannot get either of them. The four choices are:
a. 2031.522368
b. 2040.684456
c. 2046.87654
d. 2052.944561