Mathematics, 08.10.2020 03:01 tonypewitt
Arlo invested $4000 in an account that earns 5.5% interest, compounded
annually. The formula for compound interest is A(t) = P(1 +I)t?
How much did Arlo have in the account after 4 years?
A. $4955.30
B. $4660.00
C. $16,880.00
D. $23,088.03
Answers: 1
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Arlo invested $4000 in an account that earns 5.5% interest, compounded
annually. The formula for co...
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