Seudónimo Seudónimo
  • 03-03-2021
  • Mathematics
contestada

100 POINTS AND BRAINLIEST!!!! Please EXPLAIN how you got the answer

100 POINTS AND BRAINLIEST Please EXPLAIN how you got the answer class=

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sqdancefan
sqdancefan sqdancefan
  • 04-03-2021

9514 1404 393

Answer:

  D) $304.47

Step-by-step explanation:

The value of the account is found using the compound interest formula:

  A = P(1 +r/n)^(nt)

where interest rate r compounded n times per year for t years is applied to principal P.

  A = $300(1 +0.0148/365)^(365·1) ≈ $304.47

Answer Link
mariyahhicks
mariyahhicks mariyahhicks
  • 09-03-2021

Answer:

D

Step-by-step explanation:

Answer Link

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