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Natasha_Volkova [10]

3 years ago

6

Help WILL GIVE BRAINLIEST!! At the beginning of year 1, Carlos invested $600 at an annual compound interest rate of 4%. He makes

no deposits to or withdrawals from the account.

2 answers:

OleMash [197]3 years ago

4 0

I got D but I use a diffrnt method

Neko [114]3 years ago

4 0

Use compound formula:

Principal*(1 + rate)^time =

600*(1 + .04)^n , where n = 5

Thus the answer is D.

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