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anyanavicka [17]
3 years ago
12

Find the balance in the account.

Mathematics
2 answers:
slega [8]3 years ago
8 0
Total = Principal * (1 + rate/n)^n*years
where n is the number of compounding periods per year.
Total = 1,600 * (1.035)^66
Total = 1,600* <span> <span> <span> 9.6841852012 </span> </span> </span>
Total = <span> <span> <span> 15,494.</span></span></span>70
Answer is b.

Irina-Kira [14]3 years ago
5 0
A=1,600×(1+0.07÷2)^(2×33)
A=15,494.70
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