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lesya692 [45]
3 years ago
6

At the beginning of year 1, Gracie invests $350 at an annual simple interest rate of 4%. She makes no deposits to or withdrawals

from the account. Which explicit formula can be used to find the account's balance at the beginning of year 12? What is the balance?
O A. A(n) = 350 + (n-1)(0.04.350); $504.00

O B. A(n) = (350)(n-1)(0.04); $154.00

O C. A(n) = 350 + (n)(0.04 • 350); $518.00

O D. A(n) = 350 + (n-1)(0.04); $350.44
Mathematics
1 answer:
scZoUnD [109]3 years ago
5 0

Answer:

Step-by-step explanation:

The answer is A

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