Answer:20652.00
Step-by-step explanation:
The formula would be p*r*t
p is the principal which is amount of money before interest
r is the interest rate
t is time period
so it would be 57,366.66*9 2/5%*4
9 2/5 as a decimal would be 9.4 or 0.09
57,366.66*9.4=539246.604*4=2156986.416
The correct amount would be $20652.00 in 4 years
Use 0.09 when u multiply instead of 9.4 because it is much easier
