15 POINTS Laura goes to a bank and opens a new account. She deposits $5,500. The bank pays 1.6% interest compounded annually o

Question

3 years ago

7

15 POINTS Laura goes to a bank and opens a new account. She deposits $5,500. The bank pays 1.6% interest compounded annually o

n this account. Laura makes no additional deposits or withdrawals. Which amount is the closest to the account balance at the end of 4 years? $5,852.00 $5,860.53 $5,940.00 $5,954.31

Mathematics

2 answers:

pashok25 [27] · Answer 1 · 2022-09-08T05:19:55+03:00

pashok25 [27]3 years ago

7 0

Answer:

A) 5,852.00

Step-by-step explanation:

I=prt. I=(5,500)(0.016)(4) I=352.00 => 352+5,500=5,852

sergiy2304 [10] · Answer 2 · 2022-09-08T02:55:36+03:00

sergiy2304 [10]3 years ago

5 0

Answer:

5,852.00

Step-by-step explanation:

*15 POINTS* Laura goes to a bank and opens a new account. She deposits $5,500. The bank pays 1.6% interest compounded annually o

15 POINTS Laura goes to a bank and opens a new account. She deposits $5,500. The bank pays 1.6% interest compounded annually o