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MissTica
3 years ago
11

Ana deposits $1,500 in a savings account that earns 4% interest annually. Which of the following equations models the amount of

money,A, she’ll have in 5 years?
A. A=1,500(0.96)^5

B. A=1,500(1.04)^5

C. A=1,500(1.4)^5

D. A=1,500(0.04)^5
Mathematics
2 answers:
Naddika [18.5K]3 years ago
5 0

Answer:

B is the correct answer A=1500(1.04)^5

Oduvanchick [21]3 years ago
3 0
The answer is going to be B: A=1,500(1.04)^5
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