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Zarrin [17]
2 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]2 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]2 years ago
5 0

Answer:

5,852.00

Step-by-step explanation:

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