sharronze08 sharronze08

15-06-2022
Mathematics

contestada

Question 6 of 15
Gloria invested $1200 in an account that earns 2.5% interest, compounded
annually. The formula for compound interest is A(t) = P(1 + i)t. How
much did Gloria have in the account after 5 years?
O A. $3662.11
OB. $6150.00
OC. $1470.00
OD. $1357.69

Respuesta :

georgepahno georgepahno

15-06-2022

Answer:

D

Step-by-step explanation:

[tex]1200( {1.025}^{5} ) = 1357.69[/tex]

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