plzzz help fan and medal award
Laura decided to invest $100 into a bank account that yields 6.5 percent interest compounded annually. What will her account balance be after 10 years?

A.$106.50
B.$165.00
C.$187.71
D.$191.55

Question

plzzz help fan and medal award
Laura decided to invest $100 into a bank account that yields 6.5 percent interest compounded annually. What will her account balance be after 10 years?

A.$106.50
B.$165.00
C.$187.71
D.$191.55

pooja195 · Answer

Balance = 100 x 1.065^10 = $187.71 which is option C.

anonymous · Answer

are you sure

shane_b · Answer

That's correct.  The formula is:$$A=P(1+r)^n$$

pooja195 · Answer

yes i even showed the work

anonymous · Answer

thanks just wanted to make sure