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
2 answers:
2508(1+0.04)^24 = 6,428. trust me, found it to 6,019.20.
b.
Answer:
Step-by-step explanation:
100+3.5=103.5
103.5÷100=1.035
1.035×2508=$5726.58
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