Mrs. Olga’s $250 investment earns 19% interest compounded annually. What will her balance be after 3 years?
2 answers:
Answer:
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Step-by-step explanation:
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Answer:
The answer is A. $421.29
Step-by-step explanation:
Just keep finding 19% of the numbers next, and you add that all up and you get the answer.
250 x 19%=47.5. (250+47.5)=> 297.5x19%= 56.525. (297.5+56.525) =>354.025x19%=67.26475
354.025+67.26475=> 421.28975, which can round up to 421.29.
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