Jasmine parents invested $14,000 at 5% per year compounded monthly how much money will there be in an account after 12 years ​

A=$25,141.99

Step-by-step explanation:

Compound interest formula is so:

A =

A = Amount

P = Principal

r = interest rate in decimal form

n = number of times interest is compounded per t

t = time

First we identify our variables and what we are solving for

We are solving for A, so no rearrangement is necessary

Simplify

for a more accurate answer round at the end

A=$25,141.99

step-by-step explanation:

points a and b are equidistant from the desired line, so the line you find by using them will go through point r.

using points other than a and b will give the desired line only if they are equidistant from r. if they are randomly located, the perpendicular line you create will not necessarily go through point r, hence will not be a solution to the problem.