Question

can someone please help?

Answer 1

1. Cindy has a savings account with National Bank. She earns 4% interest compounded yearly on $1,250.00. What amount will she receive in interest in three years?
A. $167.13
B. $156.08
C. $135.30
D. $140.60

Answer 2

4% = 0.04

Answer 3

same as yesterday

Answer 4

year 1 1250*0.04=50

Answer 5

year 2 1300*0.04=52

Answer 6

year 3 1352*0.04=54.08

Answer 7

50+52+54.08=the answer

Answer 8

156.08?

Answer 9

yep

Answer 10

thank you :)

Answer 11

:)

Answer 12

As far as your user name goes @WhyStudyAlone3 I believe everybody should study math alone in the beginning to get an idea of what they are up against :-)