1928 at 3.4% interest compounded monthly. Find the balance after 11 years. Round to the nearest cent.

  n=   0.0000 - 0.3750 i  

  n=   0.0000 + 0.3750 i

step-by-step explanation:

one of these should be correct

this is the formula: v = the value of investment at the end of the time period

p = the principal amount (the initial amount invested)

r = the annual interest rate

n = the annual frequency of compounding (how many times a year interest is added)

t = the number of years the money is invested

^ means raise to the power of

answer: -10

step-by-step explanation:

s(t) = 1 - 10t

s(x) = 1 - 10x

s(x + h) = 1 - 10(x + h)

            = 1 - 10x - 10h

s(x + h) - s(x) = 1 - 10x - 10h - (1 - 10x)

                      = 1 - 10x - 10h - 1 + 10x

                      = -10h

= -10