Olivia will deposit $1,000 in an account that earns 6% interest compounded annually for 3 years. What is her total in the accoun
t after 3 years
PLEASE ANSWER QUICK AND SHOW WORK
1 answer:
Answer:
A= 1000(1+.06)^3 answer is A=1191.016
Step-by-step explanation:
first the formula is A=a(1 + or- R)^t
A=total
a=money or amount
R=rate it increase or decrease (percent) change to decimal
T=times,years,months ect..
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