Use the compound interest formula, A = P(1 + r)t, to find the following amount of money after the given amount of time:
Blake opens a savings account in a bank with the annual interest rate of 2.7%. If he deposits $3,500.00 in a savings account, and the interest is compounded annually, how much will he have in the account after 3 years?
A. $3,783.50
B. $3,791.22
C. $7,169.34
D. $177,285.50

Question

Use the compound interest formula, A = P(1 + r)t, to find the following amount of money after the given amount of time:
Blake opens a savings account in a bank with the annual interest rate of 2.7%. If he deposits $3,500.00 in a savings account, and the interest is compounded annually, how much will he have in the account after 3 years?
	A.	$3,783.50
	B.	$3,791.22
	C.	$7,169.34
	D.	$177,285.50

anonymous · Answer

i got a it's a im sure