The expression can be used to find the total amount in a bank account when the principal dollar amount, p(1+r), is compounded annually for n years at an interest rate of r. which of the following statements is true? the quantity(1+r) is multiplied by p. the quantity is (n+n.r) multiplied by p. the quantity is (1+r) multiplied by itself n times. the quantity is p(1+r) multiplied by itself n times.

Answer
The quantity is (1+r) multiplied by itself n times

Explanation
From the question m is missing. The expression should be, P〖(1+r)〗^n.
The expression means;
1). First, add r to 1.
2). The quantity (1+r) multiply by itself n times.
3). Lastly, the quantity 〖(1+r)〗^n is multiplied by P.
From the choices given, the true statement about the expression is the 3rd one, “the quantity is (1+r) multiplied by itself n times”. 

Option C is correct.

Step-by-step explanation:

We are given: Principal dollar amount = P

                        Interest rate = r

                        Compounded annually for n years.

To find: Correct statement.

Since, In bank account Compund interest formula is used to calculate amount.

Compound interest formula is given by

According to this formula, the Quantity is (1+r) multiplies by itself 2 times then P is multiplied to it.

Therefore, Option C is correct.

B is the answer
Her estimate is wrong. She got her estimation from b