KatsQueer KatsQueer

06-11-2016
Mathematics

contestada

Suppose you deposit $450 into a savings account that pays 4.3% annual interest. How much will you have in the account after 3 years if no money is added or withdrawn?
A. $745
B. $680
C. $510
D. $630

Respuesta :

Aliwohaish12 Aliwohaish12

06-11-2016

F=p(1+rt),,,f=450(1+4.3%*3)=??

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Mrscleverclogs Mrscleverclogs

06-11-2016

100% + 4.3% =104.3 450x1.043squared = 510 Therefore ans is 510

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