Question

23. $3,300 principal earning 4%, compounded annually, after 3 years (1 point)
$3,712.05
$211,200.00
$3,696.00
$10,296.00

Answer 1

Use \[A=P(1+i/n)^{nk}\] with P principal, i rate of interest compounded annually, n the number of times compounded per year, and k the number of years to find the amount A.

Answer 2

thanks

Answer 3

so its a