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Mathematics, 09.03.2021 01:30 veritoburito

This expression represents the amount of money, in dollars, that will be in a savings account after 4 years. 1500 [1 + 0.05/12)^12]^4

Which of these is equivalent to the expression?

A). 1500 (1.05/12)^48

B). 1500 (1.05/12)^16

C). 1500 (1 +0.05/12)^16

D). 1500 (1 + 0.05/12)^48

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Answers: 2

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