Sumi Kato's savings account has a balance of $2508. After 24 years what will the amount of interest be at 3.5% compounded an

Question

2 years ago

6

nually?
A.$3,218.59
B.$6,019.20
C.$3,207.59
D.$3,224.59

2 answers:

katen-ka-za [31] · Answer 1 · 2022-03-31T20:46:22+03:00

8 0

2508(1+0.04)^24 = 6,428. trust me, found it to 6,019.20.

b.

Naily [24] · Answer 2 · 2022-03-31T22:30:42+03:00

Naily [24]2 years ago

8 0

Answer:

Step-by-step explanation:

100+3.5=103.5

103.5÷100=1.035

1.035×2508=$5726.58

Sumi​ Kato's savings account has a balance of ​$2508. After 24 years what will the amount of interest be at 3.5​% compounded​ an