<span>The correct answer is: Option (C) $1393.21
Explanation:
At the beginning of the Second year, the total balance would be:
$1200 + ($1200 * 7.75 / 100) = $1293
At the beginning of the Third year, the total balance would be:
$1293 + ($1293 * 7.75 / 100) = $1393.21 (Option C)</span>
Answer:
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Step-by-step explanation:
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I think its 18.24 because if you multiply it by 3.14 then subtract u should get 18.24