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3 years ago

7

Use the formula for Interest:

2 answers:

Sonbull [250]3 years ago

5 0

Answer:

The correct answer is D $568.18

Step-by-step explanation:

The formula of interest is A=P (1+r)ⁿ

A=Final amount

P= Principal ( deposit)

r= interest rate

Y=n= time

Solving,

A=P (1+r)ⁿ

A=500(1+0,066)^2

A=$568.18

cluponka [151]3 years ago

4 0

A=P(1+rt)
A=500(1+6.6%)^2
A=$568.18
Answer is D

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