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andrew-mc [135]
3 years ago
6

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

nually?
A.​$3,218.59
B.​$6,019.20
C.​$3,207.59
D.​$3,224.59
Mathematics
2 answers:
katen-ka-za [31]3 years ago
8 0
2508(1+0.04)^24 = 6,428. trust me, found it to 6,019.20.

b.
Naily [24]3 years ago
8 0

Answer:

Step-by-step explanation:

100+3.5=103.5

103.5÷100=1.035

1.035×2508=$5726.58

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\bf ~~~~~~ \textit{Compound Interest Earned Amount}
\\\\
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\quad 
\begin{cases}
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n=
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