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reecedstceklein
07.03.2020 •
Mathematics
At the beginning of year 1, Josie invests $400 at an annual compound interest rate of 5%. She makes no deposits to or withdrawals from the account.
Which explicit formula can be used to find the account's balance at the beginning of year 3?
A.
A(3) = 400 • (1 + 0.05)3
B.
A(3) = 400 + (3 – 1)(0.05 • 400)
C.
A(3) = 400 + (0.05 • 400)3 – 1
D.
A(3) = 400 • (1 + 0.05)3 – 1
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Ответ:
The fraction 97/33 is equivalent 1 to 2 31/33.
Step-by-step explanation: