torrenasnatag torrenasnatag

23-05-2016
Mathematics

Answered

What is the final balance for the investment? $1200 for 3 years at 3% compounded annually

A.

$1311.27

B.

$72.00

C.

$2636.40

D.

$1272.00

Verified Answer :

kgebon80 kgebon80

23-05-2016

The amount is $1311.27 and the interest is $111.27.

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