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Agata [3.3K]
3 years ago
12

Someone please help me with this. vvv

Mathematics
1 answer:
finlep [7]3 years ago
4 0
The formula is
A (n) = 700 • (1 + 0.03)^(n – 1)
Where n is 5 years
A (5) = 700 • (1 + 0.03)^(5 – 1)
A (5) = 700 • (1 + 0.03)^(4)
So the account balance at the beginning of 5 years or at the end of 4 years is
A (5)=700×(1+0.03)^(4)
A (5)=787.8

The answer is D

Hope it helps!
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