The answer to the problem is A
Answer:
the 2nd option is correct.
Step-by-step explanation:
Hope you have a great day!
If it helped mark me as brainliest!
Hello!
Judging on the question you have provided I have generated this equation to represent the situation 400(1.03^x) X being years.
To solve this equation you need to plug in 16 for X amount of years.
The new equation should look something like this 400(1.03^16)
Lastly solve!
The answer you get should be $641.88
Hope this helped!
-Blake