3. Carmen invested $3000 in an account
1 answer:
Answer: C. $3709
Step-by-step explanation:
Using the formula to calculate amount(A) , which is given as :
A = p , where
A = amount
P = principal
r = rate
n = number of years
From the question,
A = ?
P = $3000
r = 3.6%
n = 6
substituting into the formula , we have
A = 3000
A = 3000
A = 3000 (1.236398679)
A = 3709. 196038
To the nearest dollar
A = $3709
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