Mathematics, 03.06.2021 16:30 abolton04
3. Derrick wants to calculate the interest he would earn from investing
$400 into an account that earns 5.5% annual compound interest for 60
months. Which of the following formulas is set up correctly to help him
do this?
A. A = 400(1+5.5)
B. A = 400(1+5.5)5
C. A = 400(1+.055)60
D. A = 400(1+.055)5
Answers: 3
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3. Derrick wants to calculate the interest he would earn from investing
$400 into an account that e...
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