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10 January, 16:41

Jose invests $3,250 at 6% interest compounded annually. what will be the balance of the account after 3.5 years? A) $3,932.50 B) $3,985.23 C) $4,752.00 D) $5,200.00

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  1. 10 January, 17:00
    0
    B

    Step-by-step explanation:

    3250 * (1.06^3.5) = 3985.23
  2. 10 January, 19:12
    0
    3250 + 3.5 (3250 x 0.06) = 3250 + 682.5 = A) 3932.50
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