Answer:
Option "D" is correct $3630
Step-by-step explanation:
At the beginning of the 7th year, the money has been in the account for 6 years.
The simple interest on $3000 at 3.5% for 6 years is I = prt:
(3000) = (.035) = (6) = 360
he amount in the account at the beginning of the 7th year is then the original amount plus the interest $3630.
