If you deposit $1000 in a savings account with an interest rate of r compounded annually, then the balance in the account after 3 years is given by the function B(c) = 1000(1 + r)?. where r is written as a decimal.
What interest rate will yield a balance of $1100 after 3 years?
a 3.23%
c. 3.63%
b. 3.33%
d. 3.66%
Please select the best answer from the choices provided

the answer is A. 3.23%

Step-by-step explanation:

this is a very good question

step-by-step explanation:

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