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OpenStudy (anonymous):
Jose invests $3,250 at 6% interest compounded annually. What will be the balance in the account after 3.5 years? (1 point) • $3,932.50 • $3,985.23 • $4,752.00 • $5,200.00 my answer is B check my work plz
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OpenStudy (misty1212):
Hi!!
OpenStudy (misty1212):
a bit misleading since if it is compounded annually 3.5 is the same as 3
OpenStudy (misty1212):
\[3250\times (1.06)^3\] is my guess
OpenStudy (anonymous):
so C
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