madvicj2006 madvicj2006
  • 24-11-2020
  • Mathematics
contestada

Please help! I’m having a hard time!
3- Find the balance. $4000 deposited earning 6% compounded annually
for 5 years.
A)$852.75
B)$6872.32
C)$5352.90
D)$99.83

Respuesta :

lentcar000
lentcar000 lentcar000
  • 24-11-2020

Answer:

A=p(1+r)^t

A=4,000×(1+0.06)^(5)

A=5,352.90

Step-by-step explanation:

Answer Link

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