Ms. Etienne deposited $450 into an account that paid 5% interest compounded annually. She did not make any additional deposits or withdrawals.
Which amount is closest to the value of the account at the end of 6 years?
A $603.04
B $585.00
© $463.67
o
$463.50

$603.04

Step-by-step explanation:

The Compound Amout formula is A = P(1 + r)^t, where:

P is the principal (initial deposit), r is the annual interest rate as a decimal fraction, and t is the time period in years.

In this particular case, the Compound Amount is:

A  = ($450)(1 + 0. 05)^6 = ($450)(1.34) = $603.04

its the second choice.

step-by-step explanation:

the elements in the range will be 7 less than the elements in the domain.