lytrobat
lytrobat lytrobat
  • 23-06-2019
  • Mathematics
contestada

What is the final balance for an account starting with $2000 at 3.5% interest compounded annually for 3 years?

A = P(1 + r)t

$2217.44

$4290.75

$6210.00

$8100.00

Respuesta :

hienh4517 hienh4517
  • 23-06-2019
A= 2000(1+0.035) ^3
= 2217.44

Hope this helps!
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