Question

When Robert was born, his grandfather invested $1,000 for Robert’s college education. At an interest rate of 4.5% compounded annually, approximately how much would Robert have at age 18? (use the formula A=P(1+r)^t where P is the principal, r is the interest rate, and t is the time in years.)
A$1810
B$2200
C$3680
D$18810

help me PEERRRTY PWEEESY!!!!

Answer 1

1000(1.045)^(18) = 2208.478

Answer 2

B

Answer 3

THANK YOU!!!!!!! (: your are AMAZING!!!!! and awsome (: